Foundation Home Loans has launched two new 80% LTV products in its core buy-to-let (BTL) range for both individual borrowers and limited companies.
The products are a 4.29% two-year fixed rate as well as a 4.79% five-year fixed rate, and both come with 2% fees.
The intermediary-only specialist lender revealed it is also launching a new packager-only exclusive today – a five-year fixed rate of 3.89%, which is for the sole use of selected packager partners and is available immediately.
Foundation highlighted that the changes follow last week’s reduction in the lender’s two-year BTL rates within its standard property range – for both individual and limited company borrowers with an almost clean credit history.
“The decision to allow landlords access to the stamp duty holiday has clearly acted as a significant catalyst as many investors consider their position and whether they are able to refinance, or secure the deposit necessary, in order to add to portfolios,” Foundation director of marketing, Jeff Knight, commented.
“Demand has increased and, from a Foundation perspective, July is likely to be a record month for us.
“Activity levels have grown quickly in a short space of time, and we remain fully committed and fully funded in order to offer advisers a wealth of product options to their landlord clients.”
AI, finfluencers and the future of broking
The mortgage industry is evolving faster than ever. In this MoneyAge video, we examine the opportunities and challenges redefining the broker landscape, from AI-powered lending and changing customer expectations to housing affordability, property supply and the rise of financial influencers. Our guest from Chorley Building Society shares practical insights on what brokers need to do to stay relevant and thrive in a rapidly changing market.
Perenna and the long-term fixed mortgage market
Content editor, Dan McGrath, spoke to head of product, proposition and distribution at Perenna, John Davison, to explore the long-term fixed mortgage market, the role that Perenna plays in this sector and the impact of the recent Autumn Budget
NEW BUILD IN FOCUS - NEW EPISODE OF THE MORTGAGE INSIDER PODCAST, OUT NOW
Figures from the National House-Building Council saw Q1 2025 register a 36% increase in new homes built across the UK compared with the same period last year, representing a striking development for the first-time buyer market. But with the higher cost of building, ongoing planning challenges and new and changing regulations, how sustainable is this growth? And what does it mean for brokers?
The new episode of The Mortgage Insider podcast, out now
Regional housing markets now matter more than ever. While London and the Southeast still tend to dominate the headlines from a house price and affordability perspective, much of the growth in rental yields and buyer demand is coming from other parts of the UK.
In this episode of the Barclays Mortgage Insider Podcast, host Phil Spencer is joined by Lucian Cook, Head of Research at Savills, and Ross Jones, founder of Home Financial and Evolve Commercial Finance.
In this episode of the Barclays Mortgage Insider Podcast, host Phil Spencer is joined by Lucian Cook, Head of Research at Savills, and Ross Jones, founder of Home Financial and Evolve Commercial Finance.
© 2019 Perspective Publishing Privacy & Cookies
Recent Stories