FHL offers first-time landlords more options
By Jordan WilliamsFoundation Home Loans (FHL) has announced changes to its buy-to-let range with new first-time landlord products
Section: Mainstream
The specialist mortgage lender will now offer five-year fixed rate options starting at 3.59% to new landlords.
Early repayment charges for two-year fixed rate deals have also been reduced to 3% and 2%.
Jeff Knight, marketing director at Foundation Home Loans, said: “Deciding to become a landlord for the first time can be daunting, so in an industry increasingly focused on portfolio landlords it’s important not to forget those just starting out.
“Our approach aims to cater to all borrowers – whatever their portfolio size – but we are pleased to be able to offer first-time landlords more options.”
The full range of rates on Foundation Home Loans’ new products:
Keywords: Foundation Home Loans, FHL, BTL lenders, BTL brokers, UK landlords, Buy-to-Let mortages, buy to let finance, first time landlords, interest rates, Early repayment charges, property portfolio, fixed rate products
Source: BTL Insider — https://btlinsider.co.uk/fhl-offers-first-time-landlords-more-options