Foundation Home Loans has today (25th August) introduced a new remortgage-only BTL product range, available within Foundation’s F1 and F2 tiers.
The new five-year fixed-rate options come with a £1,295 fixed fee, a free standard valuation, no application fee and £500 cashback.
The F1 products are available at up to 80% LTV, with rates starting from 7.29%, while the F2 products are available at up to 75% LTV, priced from 7.44%.
Tom Jacob, director of product and marketing at Foundation Home Loans (pictured above), commented: “Remortgage activity remains a very strong source of business for advisers and, within BTL in particular, we wanted to acknowledge this by launching specific remortgage-only products that come with a number of added extras.
“Our products are there to support as wide an array of specialist mortgage borrowers as possible, and we’ll continue to look at opportunities within both our BTL and owner-occupied ranges, in order to keep adding product choice and ensuring borrowers have access to the finance they need.”
