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NEW SEMI-EXCLUSIVE BUY-TO-LET PRODUCT FOR SHORT TERM LETS

From Foundation Home Loans via Brightstar

A growing number of property investors are recognising that they could achieve better returns on a short-term let than a traditional buy-to-let investment. Standard buy-to-let mortgages are not appropriate for investors in short-term lets as they require an AST to be in place.  This semi-exclusive product from Foundation Home Loans is an excellent example of a product that meets a market need and provides brokers with an extra tool to help their landlord clients.

 

Key features and highlights:

  • Rates from 2.99%
  • 2 & 5 year products available
  • Existing 2 & 5 year ICRs apply based on standard rental assessments
  • Up to 75% LTV
  • Available to individuals and limited companies
  • No minimum income
  • No AST required
  • FHL standard range credit criteria applies

 

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