FHL offers first-time landlords more options

Foundation Home Loans (FHL) has announced changes to its buy-to-let range with new first-time landlord products.

The specialist mortgage lender will now offer five-year fixed rate options starting at 3.59% to new landlords.

Early repayment charges for two-year fixed rate deals have also been reduced to 3% and 2%.

Jeff Knight, marketing director at Foundation Home Loans, said: “Deciding to become a landlord for the first time can be daunting, so in an industry increasingly focused on portfolio landlords it’s important not to forget those just starting out. 

“Our approach aims to cater to all borrowers – whatever their portfolio size – but we are pleased to be able to offer first-time landlords more options.”

The full range of rates on Foundation Home Loans’ new products:

Foundation Home Loans table

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