It features a headline rate of 5.64% at up to 75% LTV
Specialist lender Foundation Home Loans has introduced a new limited edition five-year fixed rate product, enhancing its core buy-to-let offering.
The F1 limited edition five-year BTL fixed rate is available for both purchase and remortgage purposes and boasts a headline rate of 5.64% at up to 75% loan-to-value (LTV) with a 1.50% fee.
This follows the intermediary-only lender’s December repricing of selected products within its core buy-to-let range, featuring rate reductions of up to 20 basis points.
“We promised to start 2024 with a bang and the introduction of such a competitive rate offers yet more positive news for landlords and our intermediary partners,” commented Tom Jacob (pictured), director of product and marketing at Foundation Home Loans.
“This is a product which further enhances our broad range of competitive rates and fee options across a variety of fixed rate terms and is likely to be a popular option in what could prove to be an opportunity-laden period for landlords across the UK.”
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