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. 

Foundation Home Loans – BTL Refresh – 17 Feb 22

Foundation Home Loans will re-fresh it’s current BTL & Limited Company products on the morning of 17 Feb 2022.

We will withdraw 50 products; 24 of which will be re-launched with new rates, short-codes and some with updated fees.

There is also a new product; F1 2 year discount at 80% LTV being launched for BTL & Individuals.

FOUNDATION HOME LOANS RATE CHANGES ACROSS BTL RANGE

Foundation Home Loans have today made some changes to their BTL products, withdrawing most of the 65% LTV products, repricing several 75% LTV fixed rates and also reducing their F1 2-year 75% LTV discount rate by 1.15% to 2.49%, as well as introducing a new 80% LTV 2-year discount product.

New discount product:

  • New F1 2-year discount, 80% LTV at 2.99% (reversion – 2.50% discount)
  • No ERCs
  • For both purchases and remortgages
  • Maximum loan size of £500k at 80% LTV
  • 2% fee

To find out more about Foundations buy to let products, contact us today.

Why use Foundation for your next BTL case?

Who for?

  • Individual or limited company
  • Limited companies with complex structures
  • Up to 4 directors
  • Newly incorporated limited companies acceptable
  • No minimum term of employment/self-employment and no minimum income
  • Products for first time landlords
  • Ex-pats considered for limited companies only

How much?

  • Up to 80% LTV on core range
  • Loans up to £2m on core range
  • ICR of 125% for limited company borrowers and basic rate taxpayers and 145% for
    others
  • No limit to portfolio size, subject to maximum borrowing of £5m with Foundation

What for?

  • Specialist properties such as HMOs, short term lets and Multi Unit Blocks
  • HMOs: up to 8 bedrooms and MUBs: up to 10 units
  • Green Mortgages available for purchase and remortgage
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