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Foundation Home Loans increases BTL borrowing limit to £3m

Foundation Home Loans has increased the maximum total borrowing limits on its buy-to-let range from £2m to £3m.

The specialist lender already has no limit on the number of properties a landlord may have with them, subject to this increased new maximum borrowing total limit of £3m.

Foundation Home Loans marketing director Jeff Knight (pictured) says: “With our pragmatic approach, we strive to make things as easy as possible for advisers and their landlord clients by having no limit to the number of properties a portfolio landlord may have with us, subject to the new £3m limit.

“There is also no requirement for potential clients to submit onerous business plans or asset and liability statements.”

 

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