Grant Hendry, director of sales at Foundation Home Loans, discusses the continuing increase of limited company buy-to-let borrowing and why intermediaries should be aware of the...
24th January 2024
Grant Hendry, director of sales at Foundation Home Loans, discusses the continuing increase of limited company buy-to-let borrowing and why intermediaries should be aware of the...
Two-year fixed rates now start from 5.14% and five-year rates from 4.59%.
The lender has announced reductions of up to 1.05% on residential and 0.80% for buy-to-let.
The lender has recruited specifically for Solutions by Foundation in order to support the expansion into these new product areas.
The lender has launched more sub-4% buy-to-let rates in the latest round of reductions.
Buy-to-let fixed rates now start from 3.94% for UK residents and 7.54% for non-UK residents.
AVMs are available on a new standalone range of five-year fixed-rate products.
The reductions cover shared ownership and remortgage products.
Rates have reduced by up to 15bps.
Residential rates have reduced by up to 0.88% and now start from 5.79%.