FHL launches 2.99% five-year buy-to-let rate

Foundation Home Loans has launched a limited edition five-year fixed rate on its standard range, available to both individuals and limited companies.

Related topics:  Mortgages
Rozi Jones
1st August 2017
BTL buy to let sign
"With the rental calculation based on the pay rate, these products will be appealing to experienced landlords"

The offer is aimed at experienced landlords with two options: a 2.99% fixed rate with a 2% arrangement fee or a 3.39% fixed rate with a flat fee of £995, both at 65% LTV.

Jeff Knight, Marketing Director, Foundation Home Loans, said: “These limited edition products are based on feedback from our intermediary partners, and designed to offer choice with the two five-year fixed rate alternatives.

"With the rental calculation based on the pay rate, these products will be appealing to experienced landlords, including limited companies and those with large portfolios.”

More like this
Latest from Property Reporter
Latest from Protection Reporter
CLOSE
Subscribe
to our newsletter

Join a community of over 30,000 intermediaries and keep up-to-date with industry news and upcoming events via our newsletter.