Foundation launches BTL product with PMS and Sesame

Foundation Home Loans has launched a new buy-to-let fixed rate product though PMS Mortgage Club and Sesame Network.

The new offering is a 65 per cent LTV five-year fix at 3.24 per cent with a £1,995 arrangement fee.

The product is available for limited company landlords and is accessible through the Foundation Home Loans F1 product range.

Sesame and PMS director of mortgages Jane Benjamin comments: “We are very pleased to be partnering with Foundation Home Loans to provide our PMS and Sesame members with access to this new BTL exclusive.”

Foundation Home Loans commercial director Andrew Ferguson adds: “With landlords increasingly likely to use limited company vehicles to purchase new properties, we believe this new exclusive BTL product will appeal to both PMS and Sesame’s advisers and their clients.

“Since the taxation and regulatory changes were introduced, the growth in demand for limited company BTL has been significant.”

Recommended

buy-to-let

PMS Mortgage Club launches new compliance service

PMS Mortgage Club has launched a new compliance service for directly authorised mortgage and protection advisers. This service offers personalised support through a one-to-one business consultancy.   This will involve a review of each firm’s strategy, risks and individual needs to deliver a tailored compliance solution.  PMS Mortgage Club, part of Sesame Bankhall Group, says […]

General-Business-Handshake-Hire-Appointment-700x450.jpg

Masthaven partners with Sesame and PMS Mortgage Club

Masthaven’s residential mortgage products are now available on Sesame and PMS Mortgage Club’s panels. The respective panels’ ranks have swelled recently, with Landbay, M&S Bank and Sainsbury’s Bank all striking deals with Sesame and PMS over the summer. The specialist lender’s product features include no credit scoring requirements and direct access between advisers and the […]

Beverley Building Society launches RIO

Beverley Building Society has become the latest lender to launch a retirement interest-only mortgage. The new mortgage is available to borrowers aged over 55 who are receiving a pension income, with no maximum age or loan term. The product is a three-year discount variable rate at 2.99 per cent, which is available up to a […]

Insurance - thumbnail

How protection can save Christmas

By Jennifer Gilchrist, Product Lead, Design Imagine the scene: in the build-up to the busiest time of year at Santa Corp. offices, Santa Claus has slipped on the ice and suffered a serious injury. He’s desperate to get back to work, but the orders from Doctor Elf are firm — no work for at least […]

Newsletter

News and expert analysis straight to your inbox

Sign up