Foundation launches deals for Short Term Lets, Large Loans and Early Remortgages. 

Foundation Home Loans has relaunched products in several key areas including short term lets, Large Loans and Early remortgages, as well as reducing rates across its buy to let range, as of Thursday 2nd July. 

Here is the summary:

• Reduction of up to 40 bps on selected fixed rates for individuals and limited companies
• Re-introduction of Large Loan products up to 65% LTV and £2m max loan
• Re-introduction of Early Remortgage 5 year fix up to 75% LTV
• Re-introduction of Short Term Let 2 and 5 year fixed rates up to 75% LTV

Combined with generous ICR of 125% for limited companies and basic rate tax payers calculated at pay rate on five year fixed rates, this new product suite makes it easier for brokers to offer competitive solutions to a diverse range of specialist buy to let landlords. 

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