Available for a limited time from today.
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.
F1 Festive 5-Year Fixed Special
- 5 year fixed
- Minimum loan size requirement of £250k
- Maximum loan size £1m
- Purchase and remortgage
- Available to Limited company BTL customers, individual BTL and portfolio landlords
- Usual valuation and application fee apply.
Why use Foundation for your next BTL case?
- Individual or limited company
- Limited companies with complex structures
- Up to 4 directors
- Newly incorporated limited companies acceptable
- ICR of 125% for limited company borrowers and basic rate taxpayers and 145% for others
- No minimum term of employment/self-employment and no minimum income
- Up to 80% LTV on core range
- Loans up to £2m on core range
- No limit to portfolio size, subject to maximum borrowing of £5m with Foundation
- Cater for specialist properties such as HMOs, short term lets and Multi Unit Blocks
- HMOs: up to 8 bedrooms and MUBs: up to 10 units
- Products for first time landlords
- Ex-pats considered for limited companies only
- Green Mortgages available for purchase and remortgage