Foundation Updates

IMPROVED! - Large HMO with 10 rooms now up to 75% LTV Plus new stress rates!

15 Feb 2024

As of today, Thursday 15th February, we have improved affordability for shorter term Buy to Let products by lowering our notional stress rate from ‘the higher of 8% or pay rate+2%' to 'the higher of 6% or pay rate+2%' (Fixed rates of 5 or more years continue to be calculated at the pay rate).


Buy to Let by Foundation:

  • 2 Year Fixed rates now starting from 6.29%
  • 5 Year Fixed rates now starting 5.89%
  • Large Portfolios (£5m+) now starting from 6.29% to 70% LTV
  • Short term lets from 6.24% to 65% LTV

Solutions by Foundation:

  • Borrowing now permitted up to 75% LTV on large HMOs up to 10 bedrooms (was previously 8) with rates starting from 6.49% with a 2% Fee
  • Large HMO (unlimited bedrooms) 5-year fixed rates now starting from 6.39% to 65% LTV
  • Mixed-use (Part-commercial) starting from 6.99% for 2 years

See our new product guides