Foundation Enhances Buy-to-Let Range
Foundation Home Loans has introduced new products and updates across its buy-to-let range, including a fixed fee structure.
Fixed Fee Structure
The fixed fee structure aims to give brokers greater flexibility when structuring cases, with three new five-year fixed rate products across Foundation's F1 and F2 ranges.
- F1 five-year fixed at 5.49% with a £4,995 fee, available up to 75% LTV
- F2 HMO five-year fixed at 5.64% with a £7,995 fee, available up to 75% LTV
- F2 MUFB five-year fix at 5.74% with a £7,995 fee, available up to 75% LTV
All the above products come with a minimum loan size of £300,000.
Green Short Term Let
Foundation Home Loans is also expanding its short term let range with the introduction of a green five-year fix, priced at 6.
Foundation Home Loans aims to provide greater flexibility for brokers and their clients.
Author's summary: Foundation updates buy-to-let range with new products.