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.
PRODUCT WITHDRAWAL NOTICE
On Monday 18th September 2023 at 5:30pm we will be withdrawing our Limited Edition 6.99% BTL F1 5 year fixed rate product.
Any DIPs on the current product will need to be submitted by 5.30pm on Monday 18th September 2023, which will secure the product for 3 working days until 5.30pm on Thursday 21st September 2023.
The DIP must be converted to a full FMA and submitted before 5.30pm on Thursday 21st September 2023.
DIPs relating to the current product which have not been converted to FMA and submitted by 5.30pm on Thursday 21st September 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.
Please note that our broker portal will be down from 5:30pm on Monday 18th September 2023 in order to process this change, it will be available again the following morning.
FOUNDATION HOME LOANS – NEW BTL SPECIAL RATES STARTING FROM 5.79%
As of today, Thursday 21st September, Foundation Home Loans are launching new buy to let Special products for purchase and remortgage.
New buy to let Specials:
New 5 Year Fixed Portfolio Landlord product with a 5% fee, free valuation and no application fee with rates at 5.79% (65% LTV) and 5.89% (75% LTV) – This product available only to Portfolio Landlords, purchasing or remortgaging 1 or more properties.
F1, F2 and Standard HMO 2 and 5 year special products starting from 6.04% with a 3% fee.