Foundation Home Loans updates product offering

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Foundation Home Loans has made changes across its buy-to-let and residential ranges.

The minimum loan on its large loan buy-to-let product has been reduced to £500,000. The product is available to individuals and Limited Companies.

The lender has also introduced new five-year fixed rates across its residential range, with rates from 3.49%.

In addition, new build flats are now accepted up to 70% LTV.

Andrew Ferguson, commercial director at Foundation Home Loans, said: “We have seen strong growth in 2018 and have ambitious targets for next year. Therefore, adapting to the needs of our brokers will always be at the core of our business proposition.

“In a competitive market, we cannot stand still and are continually finding ways to make our products appealing and accessible to more clients.”

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