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Foundation Home Loans (FHL) has been added to the Connect Mortgage Club panel following the lender’s announcement that it is poised to join the market early next week.
Foundation Home Loans (FHL), the latest new lender to plan its mortgage debut in the buy-to-let sector, has revealed it will come to market with a range aimed at the amateur landlords.
Other Buy-to-let articles
Axis Bank UK has announced it plans to launch a specialist buy-to-let mortgage range which will be distributed exclusively through selected intermediary partners.
January saw the buy-to-let sector surge ahead of other areas of the housing market, according to the latest research from Connells Survey and Valuation.
Changes to the Stamp Duty tax are having a “dramatic impact” on the buy-to-let market in London and Scotland, research commissioned by Bank of Ireland UK reveals.
The ongoing price war between lenders has driven down the average fixed-rate buy-to-let deal to its lowest ever level recorded at 3.82% across all terms.
Firms carrying out business which will fall under the newly formed consumer buy-to-let category brought about by the European Mortgage Credit Directive (MCD), will need to register with the FCA from September.
Foundation Home Loans is the latest lender to reveal its plans to enter the buy-to-let market intending to launch its range at the end of February.
Specialist lender Keystone Buy to Let Mortgages has increased its procuration fees on its Solutions range, aimed at landlords looking for a credit repair product, from 0.75% to 1%.
Tracker mortgage rates have fallen the most in the last 12 months with two-year deals leading the way as the most discounted product in 2014.
Santander has cut rates across its range including a new buy-to-let fixed rate product available at 2.35%.
Landlords will be allowed to use personal income when submitting an application to Barclays to bolster any shortfall in rent on buy-to-let applications to improve the chances of receiving a mortgage.
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