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 INTRODUCE NEW BUY TO LET 2-YEAR DISCOUNT RATES WITH FREE VALUATION
As of Tuesday 17th May 2022, Foundation Home Loans have launched a new 2-year discount rate product on their F2 range for portfolio & non-portfolio landlords with some historic credit blips. The new Discount rate product is available up to 75% LTV and comes with one free standard valuation and no ERCs – allowing for greater flexibility.
- NEW F2 buy to let 2-year ERC-free discount up to 75% LTV with a current initial pay rate of 3.19% (reversion – 2.80%)
- One free standard valuation
- 2% product fee
- Purchase and remortgage
In addition to this product, Foundation have also made the following changes to their buy to let range:
- Reduced their F1 Expat discount product by 25bps to 3.49% (reversion – 2.50%)
- One free valuation added to discounted products across the range
- Green mortgages now include no application fee as well as one free valuation
Foundation have also released new fixed rate pricing across the buy to let range up to 80% LTV, while their 85% LTV rates remain unchanged.
You can find out more by checking out the latest product guide today.