Money Street News
  • Please enable News ticker from the theme option Panel to display Post

The products are designed to support first-time landlords, defined by the company as those who have not owned a buy-to-let property in the past year and are currently living in their own home.

The launch of these products, Foundation said, reflects its commitment to facilitating entry into the buy-to-let sector for new landlords, despite potential challenges in credit history or lack of prior landlord experience.

The specialist lender also recently launched a couple of HMO fee-assisted products.

“Historically, first-time landlords tended not to begin their property investing journey with more specialist property types,” said Tom Jacob (pictured), director of product and marketing at Foundation Home Loans. “However, more recently, we have been aware of an increase in demand in this space, no doubt fuelled by a quest for greater rental yield levels, and in order to meet the healthy demand for such tenancies.

Source link

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *


Get our latest downloads and information first. Complete the form below to subscribe to our weekly newsletter.

No, thank you. I do not want.
100% secure your website.