Foundation Home Loans has launched two new homes in a number of occupation fee-assisted merchandise.
The broker-only specialist lender says the pair of loans every include a 1.25% price, a free valuation and no utility price.
These presents are available as much as 75% LTV, with the two-year repair carrying a charge of 6.69%, whereas the five-year repair is available at 6.39%. The business might be dealt with by its landlord unit, Buy to Let by Foundation.
The lender has additionally launched new commonplace BTL merchandise, the two-year fixes beginning at 6.39% and five-year fixes beginning at 5.94%; every comes with a 1.5% price. These come by its F1 standards, for purchasers with an almost clear credit score historical past.
Green ABC-plus five-year buy-to-let fixes – for portfolio and non-portfolio landlords bettering the vitality effectivity of their properties – are additionally available for F1 purchasers at 5.99% and F2 purchasers at 6.14%.
All charges on the agency’s BTL Specials vary stay unchanged, together with the F1 five-year fastened charges from 4.79% and the fee-assisted merchandise for portfolio landlords solely from 5.09%; and two- and five-year fixes for homes in a number of occupation.
Foundation Home Loans director of product and advertising Tom Jacob says: “As advisers with homes in a number of occupation landlord purchasers will know, valuations for these kinds of properties will be costly so this must be a substantial saving for purchasers from the outset.
“At Foundation we are seeing strong ongoing landlord appetite and activity, and we’re here to work closely with advisers and their clients to ensure they get the right finance at competitive rates.”
