Foundation Home Loans cuts fixed rates to record lows

Foundation Home Loans has reduced two, three and five-year fixed rates on its standard buy-to-let range to 2.99%, 3.19% and 3.29% respectively.

Related topics:  Mortgages
Rozi Jones
14th June 2017
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"The result of the general election, Brexit negotiations and, closer to home, ongoing tax changes leaves brokers and their clients facing yet more uncertainty."

Available to both individual landlords and limited companies, the lender says its fixed rates are now "the most competitive they have ever been".

Jeff Knight, Marketing Director at Foundation Home Loans, said: “The result of the general election, Brexit negotiations and, closer to home, ongoing tax changes leaves brokers and their clients facing yet more uncertainty. We want to ensure we are providing some clarity with our highly competitive fixed rate options and a transparent rental calculation.

"These products are designed for individuals and limited companies, including those clients with portfolios who wish to remortgage in advance of the PRA change in September.”

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