Foundation launches limited edition fee-assisted product

BTL by Foundation has launched a limited edition fee-assisted product, available for F1 clients - those with a clean credit history.

The five-year fixed-rate product is offered up to 75% LTV with a rate of 5.94% and a 1% fee.

The product also comes with a free standard valuation and no application fee and is available with immediate effect.

Tom Jacob, director of product and marketing at Foundation Home Loans (pictured above), commented: “Fee-assisted options often prove very popular with those landlords who want to both minimise their upfront costs and not necessarily add a significant fee amount to the overall loan.
 
“At the same time, with a free standard valuation and no application fee to pay, this is a very competitive total cost and one we’re sure will be popular with those landlords either seeking to purchase or remortgage at this time.”

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Source: BTL Insider — https://btlinsider.co.uk/foundation-launches-limited-edition-fee-assisted-product