Foundation cuts product rates
The hub has been launched in conjunction with Foundation Home Loans’ return to new lending, alongside the launch of a range of buy-to-let (BTL) and residential products.
For BTL, all products are available to individuals and limited company borrowers, with a choice of both 2 and 5-year fixed rates in its F1, F2 and F3 ranges, as well as for both houses of multiple occupancy (HMOs) and large HMOs.
The company has also launched a specialist residential range, offering both 2-year fixed and variable rate products for F1, F2 and F3 borrowers.
Jeff Knight, director of marketing at Foundation Home Loans, said: “In this unknown and challenging landscape, we feel it’s important for lenders to be as informative, transparent and connected as possible.
“And the launch of our ‘Broker Hub’ will certainly help us improve our levels of intermediary engagement moving forward.
“This is not just a COVID-19 related response; we have been working on developing this concept for some time as we are constantly evaluating ways in which to support our intermediary partners.
“Our aim is to help them better understand the many intricacies of the specialist lending world, successfully explore the opportunities as they arise, and there is also the opportunity to have a bit of fun along the way.”