Sharon Van Loenen

RATE CHANGES ACROSS BTL RANGE

Foundation Home Loans have made some changed to their BTL products, withdrawing most of the 65% LTV products, repricing several 75% LTV fixed rates and also reducing their F1 2-year 75% LTV discount rate by 1.15% to 2.49%, as well as introducing a new 80% LTV 2-year discount product. 

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The Family Building Society – IMPROVEMENTS to our BTL SPV Criteria & BTL criteria reminder

Happy Wednesday, some great news, The Family Building Society have reviewed their BTL SPV criteria and they have now REMOVED their requirement that for a BTL SPV case there could be no more than 3 other properties within it. In the current market this was overly restrictive and has now been taken out so they can accept a broader range of portfolio landlords for new cases.

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