Lender relaunches its BTL specials

Buy to Let by Foundation, the BTL brand of specialist lender Foundation Home Loans, has relaunched its ‘Buy to Let Specials’ range.

It offers a variety of loan options tailored to different landlord profiles and property types.

The revamped programme caters to both established portfolio landlords (F1 tier) and those with specialised property needs or minor credit blemishes (F2 tier).

Notably, the specials encompass individual landlords, HMO (Houses in Multiple Occupation) investors, and those dealing with Multi-Unit Freehold Blocks (MUFBs).

‘Relaunched buy to let Specials’

Foundation’s director of product and marketing, Tom Jacob, said: “These relaunched buy to let Specials are not just available across two of our tiers but also cover a number of borrower and property types, with different terms, LTVs and fee structures.

“They are therefore designed to provide advisers with the widest range of options to meet a variety of landlord borrower needs and circumstances.”

He adds: “With the Budget now out of the way, and a greater degree of clarity and certainty available, we anticipate landlord borrowers will be much more comfortable in the financial choices they are able to make, and as a result believe we’ll begin to see a greater deal of activity for advisers with such clients.”

Products from Buy to Let by Foundation

The products from Buy to Let by Foundation include attractive fixed-rate deals, with highlights such as:

• F1 2-year fixed rates starting at 4.74% with a 4% fee (available at 65% and 75% LTV)
• F1 5-year fixed rates for portfolio landlords starting at 5.19% with a 6% fee (available at 65% and 75% LTV)
• F2 2- and 5-year fixed rates for standard HMOs and MUFBs starting from 5.29% with a 3% fee (available at 65% and 75% LTV).

For assistance with any type of buy to let (BTL), property or commercial finance please complete the contact form below: