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 – recent product changes
Don’t forget Foundation Home Loans have recently launched a Summer Special Buy to Let product at
4.59%.
And in addition, Foundation have current turnaround times of 1 day for DIP referral, application and
underwriter review.
Features of this product:
- F1 5 year fixed rate at 4.59%
- Up to 75% LTV
- Product fee 2%
- One free standard valuation
- No Application fee
The Summer Special is available for both limited companies and individuals looking to either
remortgage or purchase.Don’t miss out on Foundation Home Loans’ pair of LIMITED EDITION fee assisted residential
products; they won’t be around forever!
In addition to these Limited Edition products, new applications are being reviewed within 1 day
currently and the wait time for an underwriter to review, once all requirements (including valuation)
are met, is 1 day for residential cases.
Residential Limited Edition product features:
- F1 2 year fixed at 4.74%
- F1 5 year fixed at 4.99%
- 65% LTV
- £795 product fee
- No application fee and one free standard valuation
- Maximum loan £2m
- Purchase and Remortgage
The Limited Edition products also benefit from one free standard valuation and no application fee.
They are available for owner occupiers looking to purchase or remortgage, on a capital and interest or interest-only basis, with a maximum loan size of £2m.