Foundation Home Loans has launched a new 5-year fixed rate special for individual, portfolio and limited company landlords, with a flat £1,995 fee.

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