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Foundation Home Loans unveils 2.89% two-year fix


Foundation Home Loans has launched a two-year fixed rate deal aimed at professional landlords borrowing large amounts.

The limited edition buy-to-let product has a rate of 2.89 per cent with a 1 per cent arrangement fee.

The minimum loan size is £200,000. The product is available at a rental calculation of 125 per cent x 5.5 per cent notional rate for limited companies and 145 per cent x 5.5 per cent notional rate for individuals.

Foundation Home Loans marketing director Jeff Knight says: “Despite seeing a major shift towards five-year fixed rate deals in recent months, largely due to the way rental calculations are working, our recent focus groups highlighted that many landlords do not want to be tied into these longer term deals.

“This shorter term product will therefore appeal to those portfolio landlords who prefer greater flexibility with their products.”



Foundation Home Loans launches into residential mortgage market

Specialist lender Foundation Home Loans has launched into the residential mortgage market with a new product range, designed for more complex borrowers. As revealed in Mortgage Strategy earlier this year, the new firm, which launched as a buy-to-let lender in 2015, had plans to launch into the residential space this year. The new products are available through Foundation’s existing […]


Foundation Home Loans to begin residential lending in 2017

Buy-to-let specialist lender Foundation Home Loans will begin residential lending this year, according to new director of marketing Jeff Knight. Knight, who joined Foundation last week. says Foundation will start small with its residential lending. He says: “At some point this year we will be implementing a simple residential proposition. For the forseeable future, buy-to-let […]


Jeff Knight joins Foundation Home Loans

Foundation Home Loans has appointed Jeff Knight to the newly-created role of director of marketing. Knight has worked for a number of specialist lenders over the past 19 years, most recently Pepper Homeloans, and has also had his own marketing consultancy. He will be responsible for all the specialist buy-to-let lender’s marketing activities and will be […]

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Guide: Johnson Fleming’s managed auto-enrolment service for SMEs

Johnson Fleming has launched its new managed auto-enrolment service, designed to support SME businesses of up to 250 employees. The managed auto-enrolment service is not just about providing businesses with a software system for them to manage themselves, but more about outsourcing the administration of the project and scheme to Johnson Fleming’s auto-enrolment staff.


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