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.
REDUCED BTL AND OWNER OCCUPIED PRODUCTS PLUS NEW 7-YEAR FIXED BUY TO LET RATE
As of today, Friday 10th November, Foundation Home Loans have improved our BTL and owner occupied Special rates by up to 0.40%, and they have launched a new 7 year Fixed rate for Buy to Lets.
Changes to buy to let rates include:
- Reduced F1 2 and 5 year limited edition products up to 75% LTV now starting from 5.74%
- NEW F1 7-year Fixed 75% LTV with a 1% fee with a rate of 6.99%
- Reduced Portfolio Landlords Only Fixed Rate Specials with a 5% product fee, no application fee and one free valuation now starting from 5.69% up to 65% LTV (NB Portfolio landlord specials are up to 75% LTV)
- Reduced 2 and 5 year BTL Fixed Rate Specials with a 3% fee now starting at 5.74%
- Standard HMO 2 and 5 year Special Fixed rates reduced by up to 0.30% now starting from 5.89% up to 75% LTV
Check out the latest Buy to Let product guide today.
Changes to Owner Occupied rates include:
- F1 2 and 5 year Fixed Rate Specials with a £795 fee, no application fee and one free valuation now reduced by up to 0.35% with rates starting from 6.94%
- F2 2 and 5 year Fixed Rate Specials with a £795 fee, no application fee and one free valuation now reduced by up to 0.40% with rates starting from 6.99%
Check out the latest residential product guide today.
PRODUCT WITHDRAWAL NOTICE
On Thursday 16th November 2023 at 5:30pm we will be withdrawing our F2 Extra range of products to be replaced the next day.
Any DIPs on the current products will need to be submitted by 5.30pm on Thursday 16th November 2023, which will secure the product for 3 working days until 5.30pm on Tuesday 21st November 2023.
The DIP must be converted to a full FMA and submitted before 5.30pm on Tuesday 21st November 2023.
DIPs relating to the current products which have not been converted to FMA and submitted by 5.30pm on Tuesday 21st November 2023 will no longer be valid.
All Application fees and Valuation fees must be paid within 3 working days of the submission of a Full Mortgage Application. FMAs which do not have their Application fee or Valuation fee paid by 5.30pm on the 3rd working day after submission, will no longer be valid.
Please convert existing DIPs to a full mortgage application as soon as possible.
Click here to submit a DIP or convert a DIP to FMA.