Brilliant Solutions

Foundation Update

Foundation Home Loans 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. 

BTL Rate Reductions & Updates

Updated rates for specialist BTL from Foundation

Foundation Home Loans are making a number of rate reductions across all BTL product tiers and property types from Thursday 17th September for limited company and individual landlords.

  • Up to 60bps on selected BTL 5-year rates
  • Up to 30bps reduction on some 2-year fixed rates
  • All product end dates extended to 31st January in the respective year (2023 or 2026)

The highly-competitive 5-year rates are designed to support landlords looking for a more generous loan for their rent, as Foundation ICR is calculated using the pay rate with a 5 year fix or the notional rate of 5.5.% for shorter rates and at only 125% for Limited Companies and basic rate tax payers.

  • Available to for individuals as well as limited companies
  • A range of specialist property types including Short Term Let and HMO (up to 6 occupants) and large HMO (up to 8 bedrooms)
  • Clients who just miss out on mainstream credit scores

As part of this product change, Foundation will be withdrawing their 2-year flat fee products and their F2 discounted variable rates on Wednesday 16th September at 7pm.

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