Buy to Let

Foundation Home Loans launches 2.99% five-year BTL fix

Foundation Home Loans has launched a five-year fixed rate buy-to-let loan at 2.99 per cent.

The product is a limited edition offer as part of the lender’s standard buy-to-let range and is available to individuals and limited companies.

The 2.99 per cent option has a 2 per cent arrangement fee, and a 3.39 per cent option has a £995 flat fee.

Both are available at 65 per cent LTV.

Foundation Home Loans marketing director Jeff Knight says: “These limited edition products are based on feedback from our intermediary partners, and designed to offer choice with the two five-year fixed rate alternatives.

“With the rental calculation based on the pay rate, these products will be appealing to experienced landlords, including limited companies and those with large portfolios.”

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