Foundation Home Loans have added a new 3 year fixed rates to their buy to let range.
The limited-edition product is designed for landlords who fit the Standard Plus criteria, or are financing a House in Multiple Occupation (HMO) or Multi Unit Block (MUB). The new proposition is available to Limited Companies and Individuals, with the rates the same for both client types.
Rates start at 3.19% (fixed until 31/01/2022) with arrangement fee of just 1%.
Based on purchasing as limited company the ICR is 125% x 5.5% – this applies to HMOs and MUBs as well.
There is no max age for limited company applicants and the max LTV is 75%.
Find out more about the product here