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.
RESIDENTIAL BY FOUNDATION – PRODUCT WITHDRAWAL NOTICE
On Wednesday 26th June at 5:30pm we will be withdrawing some of our Residential products to be replaced the next day.
The products being withdrawn are:
- F1 Fee Assisted 2 Year Fixed Limited Edition from 6.84% to 80% LTV and 7.04% to 85% LTV with a £595 product fee, one free standard valuation, no application fee and £350 cashback
- F1 Fee Assisted 5 Year Fixed Limited Edition from 6.54% to 80% LTV and 6.74% to 85% LTV with a £595 product fee, one free standard valuation, no application fee and £350 cashback
Any DIPs on the current products will need to be submitted by 5.30pm on Wedneday 26th June which will secure the product for 2 working days until 5.30pm on Friday 28th June.
The DIP must be converted to a full FMA and submitted before 5.30pm on Friday 28th June.
DIPs relating to these current products which have not been converted to FMA and submitted by 5.30pm on Friday 28th June 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 convert existing DIPs to a full mortgage application as soon as possible.
NEW REDUCED RESIDENTIAL RATES AND BTL LIMITED EDITION PRODUCT OUT TODAY
As of today, Thursday 27th June, Foundation Home Loans have reduced the rates on their Limited Edition Residential Fee Assisted products by 0.30%, and also introduced a new BTL Limited Edition F1 5 Year Fixed product, up to 75% LTV with a 2.25% fee and a rate of 5.59%.
REDUCED RESIDENTIAL by Foundation products:
- F1 Fee Assisted 2- and 5- Year Fixed Limited Edition products reduced by up to 0.30% up to 85% LTV with rates now starting from 6.24% and a £595 fee PLUS cashback of £350
NEW BTL by Foundation products:
- BTL Limited Edition F1 5- Year Fixed product up to 75% LTV with a 2.25% fee and a rate of 5.59%
See product guides here
[Residential product guide] [Buy to Let product guide]