Foundation Home Loans updates product offering

Published on

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.”

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

Offa joins Knowledge Bank to expand broker reach

Offa has partnered with Knowledge Bank as the Islamic property finance fintech looks to...

Parents turning to property wealth to fund rising school fees

More parents are using remortgages, further advances and second-charge loans to help fund private...

Beyond the walk: Mortgage leaders talk mental health – part 20

The Mortgage Industry Mental Health Charter's (MIMHC) third annual 144-mile Walk & Talk challenge...

Leek Building Society secures double win at British Bank Awards

Leek Building Society has secured a double success at the 2026 British Bank Awards...

ModaMortgages launches limited edition 5-year fixes with free vals

ModaMortgages has expanded its buy-to-let range with the launch of new limited edition 5-year...

Latest publication

Other news

Offa joins Knowledge Bank to expand broker reach

Offa has partnered with Knowledge Bank as the Islamic property finance fintech looks to...

Parents turning to property wealth to fund rising school fees

More parents are using remortgages, further advances and second-charge loans to help fund private...

Beyond the walk: Mortgage leaders talk mental health – part 20

The Mortgage Industry Mental Health Charter's (MIMHC) third annual 144-mile Walk & Talk challenge...