Foundation increase LTV on F2 range  - 06/08/2020 09:59

Foundation increase LTV to 80% on their F2 range

Foundation, has released a range of new 80% products in their F2 range today for clients with more recent credit blips, including a pair of fixed rates with a reduced product fee for first time buyers.

  • Two year fixed and five year fixed rates now up to 80% LTV
  • A two year variable rate available up to 80% LTV with no ERC
  • A pair of First Time Buyer 80% LTV two and five year fixed rates with a reduced product fee to help with upfront costs.

The expanded Foundation range gives more options at 80% LTV to those extra-ordinary clients who may have more recent credit blips, such as late payments on credit cards, mail order, comms & utilities or unsecured loan arrears.

It includes a new ERC-free 2 year discount which combines a competitive pay rate with freedom to remortgage away without high fees.

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