On Wednesday 26th October 2022 at 5:30 pm Foundation Home Loans will be withdrawing all buy-to-let rates and replacing them with a new range on Thursday 27th October 2022.
Any DIPs on the current products will need to be submitted by 5.30 pm on Wednesday the 26th of October, which will secure the product for 3 working days until 5.30 pm on Monday 31st of October 2022. The DIP must be converted to a full FMA and submitted before 5.30 pm on Monday 31st October.
DIPs relating to these current products which have not been converted to FMA and submitted by 5.30 pm on Monday 31st October will no longer be valid.
All Application fees and Valuation fees must be paid within 3 working days of the submission of a Full Mortgage Application.
FMAs which do not have their Application fee or Valuation fee paid by 5.30 pm on the 3rd working day after submission, will no longer be valid.
Please convert existing DIPs to full mortgage applications as soon as possible.
Please note that their broker portal will be down from 5:30 pm on Wednesday 26th October in order to process this change, it will be available again the following morning.