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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