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.
‘MULTIPLE PROPERTIES ONE TITLE’ PRODUCTS FROM FOUNDATION HOME LOANS
As of today, Tuesday 26th March, Foundation Home Loans have launched a brand-new suite of products available for Multiple Properties under One Title.
They are available to individual and portfolio landlords and limited companies, and for letting on a standard AST, Short Term Let or Holiday let basis.
New Multiple Properties One Title product:
- AST/STL/Holiday Let rental acceptable
- Up to 4 properties on one title
- For purchase and re-mortgage
- Individual/Limited Company
- 2- and 5-year fixed rates
- Products available to 65% and 75% LTV
- Minimum loan size: £100,000
- Maximum loan size: £3m to 65% LTV; £2m to 75% LTV
- Rates from 6.69% 2 year and 6.54% 5 year
- Product fee = 2%
Example scenarios:
- Up to 4 properties on one title (for example where a number of farm buildings have been converted for residential BTL use)
- Up to 4 units/flats within a single block – a ‘traditional’ multi-unit freehold block
Check out the latest product guides today.