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TODAY'S OTHER NEWS

Foundation Home Loans expands BTL range

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.”

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