FHL increases buy-to-let maximum LTV to 80%

Foundation Home Loans has increased the maximum LTV on its standard and first time landlord products from 75% to 80%.

Related topics:  Mortgages
Rozi Jones
14th December 2017
Jeff Knight
"Following the successful pilot, we have chosen to increase our LTVs across our standard and first time landlord products – available to a much wider distribution."

Products will also come with a choice of fee - either a 2% arrangement fee or a flat £1,995 fee. Rates are from 3.85%.

Jeff Knight, Director of Marketing, said: “We recently undertook a market test through some of our key distribution partners in order to test demand. Following the successful pilot, we have chosen to increase our LTVs across our standard and first time landlord products – available to a much wider distribution.

"As a growing and ambitious company, we are always looking for ways to enhance our proposition to landlords, both non-portfolio and portfolio landlords. Our rates are also the same for both limited companies and individuals.”

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