Foundation launches owner-occupied and BTL specials Mortgage Strategy

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Foundation Home Loans is adding special products to both its owner-occupied and buy-to-let offering.

In its owner-occupied range, Foundation is launching two- and five-year fixed-rate products up to 75% LTV in both its F1 and F2 tiers, with rates staring from 6.49%.

 These fee-assisted products come with one free valuation, a flat £795 product fee, and no application fees.

 Within the buy-to-let range, the lender is also launching new F1 and F2 two- and five-year fixed-rates, up to 75% LTV, with rates starting at 6.29% for F1 with a free valuation, and 6.34% for F2.

 It is also launching specific HMO specials in its F2 tier, again up to 75% LTV, with rates starting at 6.44% for the two-year offering and 6.59% for the five-year.

 FHL director of product and marketing Tom Jacob comments: “As advisers will know only too well, June is shaping up to be a significant month of product changes and launches. At Foundation we want to ensure we are offering as much choice as possible and have therefore launched these new specials, which cover both our owner-occupied and buy-to-let ranges”.


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