Foundation Home Loans revises buy-to-let product structure

Published on

Foundation Home Loans has revamped its buy-to-let proposition.

The revised product structure maintains Foundation Home Loans’ offering of buy-to-let products for individuals, limited companies and portfolio landlords but means all products now sit under two umbrellas: F1 and F2.

F1 is for existing and new landlord clients with a predominantly clean credit history financing less complex property types.

F2 is for existing landlords who are financing specialist property types including HMOs, short-term lets and Multi Unit Blocks as well as those who may have minor blips on their credit rating.

Both ranges are available to individuals, portfolio landlords and limited companies.

Andrew Ferguson, commercial director for Foundation Home Loans, said: “We recognise 2019 will be a challenging year for brokers advising clients in buy-to-let, and believe our new range is more streamlined and makes it easier for brokers to understand, whilst maintaining our key product points of difference, such as our short-term let proposition.

“Our new structure will support our extensive growth plan this year.”

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

Latest articles

Crystal hails Goldberg’s impact and welcomes Together leadership plan

One of the UK specialist finance sector’s most prominent distribution firms has paid tribute...

The Exeter reveals 2024 health, income protection and life payouts

UK mutual health and protection insurer The Exeter paid out £61 million in claims...

Tandem reports record green lending as customers cut 70,000 tonnes of CO₂

Tandem Bank has published its most comprehensive ESG report to date, disclosing that it...

HTB provides £20m+ facility for land portfolio refinancing

Hampshire Trust Bank has completed a development finance facility in excess of £20m to...

Davisons Law joins conveybuddy panel

Conveyancing distributor conveybuddy has announced that West Midlands-based Davisons Law has joined its panel...

Latest opinions

A home shouldn’t be out of reach for those who keep the UK running

In a housing market that has grown steadily more selective, it is often those...

Richard Pike: A conference of positivity – Global ABS Day three

It’s time for reflection of the last three days here in Barca. To readers,...

Maximising embedded value and delivering a great service

While advisers understand the importance of looking after existing clients, nurturing your back book...

Open banking and smart data transformed finance – now it’s time to do the same for property

The UK is set for a 'smart data' revolution, a revolution which began with...

Other news

Crystal hails Goldberg’s impact and welcomes Together leadership plan

One of the UK specialist finance sector’s most prominent distribution firms has paid tribute...

The Exeter reveals 2024 health, income protection and life payouts

UK mutual health and protection insurer The Exeter paid out £61 million in claims...

Tandem reports record green lending as customers cut 70,000 tonnes of CO₂

Tandem Bank has published its most comprehensive ESG report to date, disclosing that it...