As of today, Tuesday 3rd October, we have reduced selected rates and added new Expat options through our F2 Extra range.
This F2 Extra range is available exclusively through select partners.
Refreshed F2 Extra rates include:
- Large Portfolios and Large Loan products reduced by up to 1.10%, with rates now starting from 6.99%
- Holiday Let 5 Year Fixed rate reduced by 0.80% now at 7.04%
- 2 and 5 Year Fixed rates for Large HMO reduced by up to 0.70% with rates starting from 7.14%
- Semi Commercial 2 and 5 Year Fixed rates reduced by up to 0.70% with rates now starting from 7.24%
- NEW 2 Year Discount rates for Large HMO, Semi Commercial and Holiday Let products with rates starting from 8.09% and no ERCs
- NEW 2 and 5 Year Expat products added to the Large HMO, Semi Commercial and Holiday Lets ranges with rates starting from 7.14%
Check out the latest product guides today.
And what’s more…
For Portfolios, aggregate borrowing with Foundation Home Loans is now no longer restricted to £5 million. Existing Core products can be used in a large portfolio below £5 million… and F2 Extra Portfolio products for the part of the portfolio above that. So, if your client is transferring an £8 million portfolio, the first £5 million can be put onto core products and the additional £3 million on F2 Extra Large Portfolio Products.
[Check out the Product and Criteria guides]
Packagers should contact their dedicated Regional Area Manager to discuss a case.