Brilliant Solutions

The internet is down in our Head Office.  Staff continue to answer the phone and respond to messages but understandably response times and service standards are affected.  Please contact your Relationship Manager directly if you have any urgent issues.  Thank you.

Our office will be closed from 5pm Thursday, 20th October to 9am Friday, 21st October.
If you have any cases or enquiries that this may affect, please contact our team today. We apologise for any inconvenience.

We are currently experiencing some technical issues that are affecting our telephone lines and internet connection.

We hope to resolve this asap. Apologies for the inconvenience.

 

In honour of Her Majesty Queen Elizabeth II our offices will be closed on Monday 19th September while our staff pay their respects.

The office will re-open at 9am on Tuesday 20th September.

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. 

85% LTV BUY-TO-LET PRODUCTS NOW AVAILABLE FROM FOUNDATION HOME LOANS

In a significant enhancement of their buy-to-let proposition, Foundation Home Loans now offer up to 85% loan to value within buy to let lending within the F1 product range, for borrowers with a near-mainstream credit history.

Their buy to let range now includes 85% LTV two- and five-year fixed rate options. There are no product fees with either, and they are available to limited companies, individuals and portfolio landlords as standard.

As with all 5-year buy to let fixed rates with Foundation Home Loans, the rental income is calculated at the pay-rate, stress tested at 125% for limited companies and basic rate tax payers and 145% for other landlord types.

The usual valuation and application fees apply. Please note that there is a minimum property value of £125k in order to be eligible for their 85% LTV products.

Why use Foundation for your next BTL case

  • Individual or limited company
  • Limited companies with complex structures
  • Up to 4 directors
  • Newly incorporated limited companies acceptable
  • ICR of 125% for limited company borrowers and basic rate taxpayers and 145% for others
  • No minimum term of employment/self-employment and no minimum income
  • Up to 85% LTV on core range
  • Loans up to £2m on core range
  • No limit to portfolio size, subject to maximum borrowing of £5m with Foundation
  • Cater for specialist properties such as HMOs, short term lets and Multi Unit Blocks
  • HMOs: up to 8 bedrooms and MUBs: up to 10 units
  • Products for first time landlords
  • Ex-pats considered for limited companies only
  • Green Mortgages available for purchase and remortgage
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