Foundation launches new remo and BTL products | Mortgage Strategy

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Foundation Home Loans has brought out new limited edition owner-occupier remortgage deals and buy-to-let offerings.

The remortgage product is available at up to 75% LTV on a two-year fix at 3.19% and a five-year fix at 3.49%. It has a minimum loan size of £200,000 and charges no application fee as well coming with a free standard valuation.

Borrowers can use the remortgage on a capital or interest basis.

The BTL deal is available for individuals and company landlords at up to 75% LTV as well, with a two-year fix at 2.94% and a five-year fix at 3.14%.

These charge a £1,995 fee and there is no minimum loan size and can be used for purchase or remortgage.

Foundation commercial director George Gee says: “With highly competitive interest rates we believe these new limited editions will provide advisers with a set of options to fit a number of client demographics.

“The flat fee option for landlords also means these BTL limited editions are highly competitive on total cost and will interest landlords who specifically want larger loan amounts.”


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