A new set of products has been introduced by Foundation Home Loans across its entire buy-to-let range, in order to offer greater choice to both non portfolio and portfolio landlords.
The new products are available across its standard, specialist, HMO and first time landlord range; they complement the existing product range and come with a new arrangement fee of £1,995.
The new rates are as follows:
Product | 65% LTV | 75% LTV | Fee |
Standard 2 Year Fixed | 3.45% | 3.79% | £1,995 |
Standard 5 Year Fixed | 3.55% | 3.89% | £1,995 |
Specialist 2 Year Fixed | 4.39% | 4.59% | £1,995 |
Specialist 5 Year Fixed | 4.49% | 4.69% | £1,995 |
First Time Landlord 2 Year Fixed | 3.65% | 3.99% | £1,995 |
First Time Landlord 5 Year Fixed | 3.85% | 4.09% | £1,995 |
HMO 2 Year Fixed | 3.69% | 3.99% | £1,995 |
HMO 5 Year Fixed | 3.79% | 4.09% | £1,995 |
Jeff Knight, marketing director at Foundation Home Loans, which works exclusively through intermediaries, with products designed for clients with more complex needs, said: “We are always seeking feedback from our intermediary partners to improve and adapt our products and proposition.
“These new products, combined with our existing suites, will provide a much broader choice to intermediaries and their landlord clients. All our products are available to Individuals and Limited Companies.”
