‘Buy to Let by Foundation’, the buy-to-let brand of specialist lender, Foundation Home Loans, has announced that it has launched a new Fee Assisted Limited Edition product.
Available in its F1 - for clients with an almost clean credit history – tier, the five-year fixed rate is offered up to 75% LTV with a rate of 5.94% and a 1% fee.
The product also comes with a free standard valuation and no application fee.
Tom Jacob, Director of Product and Marketing at Foundation Home Loans, said: “Fee-assisted options often prove very popular with those landlords who want to both minimise their upfront costs and not necessarily add a significant fee amount to the overall loan.
“At the same time, with a free standard valuation and no application fee to pay, this is a very competitive total cost and one we’re sure will be popular with those landlords either seeking to purchase or remortgage at this time.”
