ALL LENDER UPDATES

Here are some of Foundation’s latest product guides

In a significant enhancement of their buy-to-let proposition, Foundation Home Loans now offer up to 85% loan to value within buy to let lending within the F1 product range, for borrowers with a near-mainstream credit history.

Award-winning bridging finance that offers up to 85% LTV with Lending for Refurbishment Costs.

Metro Bank have increased their maximum loan size for 75% LTV buy to let products from £750,000 to £2m.

Foundation Home Loans Product launch

House price growth edges back into double digits in November

The increased LTV at 80% will be available on both interest only and repayment mortgages on loans of up to £500,000 and will be available on all property types except new build flats.

Here’s what they’ve got to say:
We’ve got some exciting news for you — as a Legal & General Mortgage Club member, Digital Mortgages by Atom bank are offering you exclusive access to the following purchase and remortgage Near Prime products:

Rental cover is calculated at pay rate for 5-year fixes, stress tested at 125% for limited companies and basic rate tax payers and 145% for other landlord types. 

For those with less-than-perfect credit histories or Debt Management Plans (DMPs) getting a mortgage could feel like an uphill battle.