news | Over 3 years ago | Andreea Dulgheru

Foundation launches special edition green BTL products

Foundation Home Loans has introduced a set of new, special edition BTL products to its ABC+ green mortgage range.


The two-year discounted products offer loans up to £1.5m at maximum 75% LTV, available for limited companies and individuals looking to purchase or remortgage properties with an A-C EPC rating.

The first product — included in Foundation’s F1 range for borrowers with an almost clean credit history — is priced at 3.49%.

Meanwhile, the special edition products for HMOs with up to six occupants and for short-term lets are available at 3.74% and 3.84%, respectively.

All products are ERC-free and come with a 1.5% product fee.

George Gee, managing director (commercial) at Foundation Home Loans, said: “This enhancement to our ABC+ green mortgage range underlines our ongoing commitment to supporting the green agenda and in providing options to those landlords who are looking to add to their portfolios or remortgage existing properties within them.

“We are only at the beginning of the green mortgage journey and we will continue to drive positive change where possible throughout our BTL and residential propositions."

 

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