Foundation Home Loans is pleased to announce an exciting new remortgage range for both buy-to-let and owner-occupied mortgages, designed to support you in building a caseload of remortgage business that is unaffected by the stamp duty deadline.
- The Fee Assisted Buy-to-Let Re-mortgage Range
A range of 2- and 5-year fixed rate re-mortgage specials at 65% and 75% LTV, with reduced upfront costs to appeal to landlords or limited companies, and may particularly offer value to portfolio landlords looking to re-mortgage a number of properties.
- Open to all individuals and limited companies, portfolio and non-portfolio landlords
- All have remortgage incentives:
- A flat product fee of £1,995
- One free standard valuation per case
- No application fee
- £250 cashback on completion.
Foundation offers a wide scope of criteria for landlords with complex credit or income.
- The HMO Early Re-Mortgage product
An ‘Early’ remortgage product up to 75% LTV for standard HMOs of up to 6 occupants; designed for landlords who have bought and improved a property and then wish to re-mortgage without waiting the typical 6 months, including those bridging or who have undertaken a recent conversion from single occupancy property to an HMO.
- Allows landlords to re-mortgage within 6 months of initial purchase
- 5-year fixed rate with a product fee of 2%
- Product is not available for Large HMOs or MUBs or early re-mortgaging where the original purchase was in cash.
- The Fee-Assisted Residential remortgage range up to 80% LTV
2-year and 5-year fixed rates with remortgage incentives designed to appeal to owner occupiers looking to re-mortgage their properties without onerous up-front costs.
Foundation’s flexible criteria around income and employment open up these competitively priced products to a wide range of borrowers whose circumstances preclude them from accessing high street lenders.
- All have remortgage incentives:
- A flat product fee of £595
- One free standard valuation per case
- No application fee
- £250 cashback on completion.
Do you have a specialist mortgage case to place? Please contact us today.
