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Foundation Home Loans have introduced a new and exclusive Help to Buy remortgage product which can be accessed through Complete FS.
This new exclusive gives a remortgage choice for borrowers with an existing Help to Buy mortgage and equity loan, looking for a better rate or to repay some/all of their existing equity loan.
Help to Buy remortgage:
- 2 Year Fixed rate of 3.74%
- Maximum loan of £1m up to 75% LTV
- One free standard valuation – to minimise initial costs
- Reduced £595 fee and £125 application fee – to minimise initial costs
- Available on a remortgage basis only
- Available on a Capital and Interest repayment basis only
Why use Foundation:
- Self-employed –latest 1 year’s accounts accepted; retained profits considered
- The wide range of income types accepted up to 100%, including bonus, commission, investment, trust, net rental, retirement income
- Employed – no min term in the current job (min 3 months employed).
- Max age 75 at the end of term
- Max term 40 years
- Up to 4 applicants
View the full product guide, click here.
If you have a client that this exclusive could help with contact the residential team on 023 8045 6999 option 1 or submit an enquiry online using the link below.
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