Foundation Home Loans has launched a new Fee Assisted Limited Edition product under its ‘Buy to Let’ brand today (3rd December 2024).
The product is available in the F1 tier, designed for clients with nearly clean credit histories.
It offers a 5-year fixed rate at 5.94% for loans up to 75% loan-to-value (LTV), along with a 1% fee.
The package includes a free standard valuation and waives the application fee.
This launch followed the introduction of a Limited Edition Holiday Let 5-year fixed-rate product and new Specials for 2- and 5-year fixes last month.
Tom Jacob, director of product and marketing at Foundation Home Loans, said: “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.”
