Foundation Home Loans renews its residential and rental ranges


“2022 is about improving client choice and providing advisors and their clients with a wide range of product pricing options”



In the residential range, there are selected rate reductions of up to 15 basis points on its F1 level with fixed rates starting at 2.99% for two years at an LTV of 65%.

The lender also cut rates by up to 0.55% on its green home products.

In its buy-to-let range, fixed rates now start at 2.74% – a reduction of 15 basis points – for a two-year fixed at 65% LTV.

Additionally, high lending rates with fixed fees were introduced, and there were reductions of up to 20 basis points of its small/standard HMO and large HMO/MUB products, and reductions of up to 30 basis points of its short-term rental products. points.

George Gee, commercial director at Foundation Home Loans, said: “For Foundation, 2022 is about improving client choice and providing advisors and their clients with a wide range of product pricing options that will help more borrowers get the mortgage financing they need.

“Our basic residential range now offers better value for money and focuses specifically on homeowners who have more complex needs and circumstances that warrant a specialist solution.

“In the buy-to-let space, we are also improving choice for advisors and their landlord clients in what we believe will be a strong year for the industry, for both buy-to-let and mortgage activity. Here again, we made rate cuts, bringing many standard products in our F1 range below 3%.

“Collectively, this is a significant product renewal for Foundation which we believe provides many more options for advisors with both specialist residential clients and rental buyers, and hopefully provides them with the range and service they need to get the project off to a good start. year.”

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