Foundation has updated its range across the direct to lender and packaged range. Brilliant Solutions offers fees free packaging across the range as well as direct to lender access with payment on completion.
PRODUCT WITHDRAWAL NOTICE
On Thursday 16th July at 5:30pm, we’ll be withdrawing selected products from across our Buy to Let range to be replaced with increased rates the next day.
These products include:
- F1 2 and 5 year fixed products with higher fees (3%+)
- F1 2 and 5 year standard fixed products
- F1 5 year fixed Remortgage Only product with a £2,995 fee
- F2 standard HMO 2 and 5 year fixed products
- F2 MUFB 5 year fixed products
- Large HMO, STL and Expat 5 year fixed products with 4% fees
The following product will be withdrawn and not immediately replaced:
- F1 5 year fixed 5.59% rate at 65% with a 1.5% fee
Any DIPs on the current products must be submitted by 5.30pm on Thursday 16th July. DIPs submitted before 5.30pm on Thursday 16th July, will secure the product for one working day up to 5.30pm on Friday 17th July.
DIPs must be converted to a Full Mortgage Application (FMA) and submitted before 5.30pm on Friday 17th July.
DIPs relating to the current products which have not been converted to an FMA and submitted by 5.30pm on Friday 17th July will no longer be valid.
All application fees and valuation fees must be paid within three working days of submitting an FMA.
FMAs without their application fee or valuation fee paid by 5.30pm on the third working day after submission will no longer be valid.