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Buy to Let product Changes from Foundation Home Loans

07 August 2017

Foundation Home loans

With effect from Tuesday 8 August, Foundation are making changes to their Buy to Let product range. 

They are launching 2 and 5 year fixed rate products to support Houses in Multiple Occupation and Multi-Unit freehold blocks

The key relevant criteria points are:

  • They will accept HMOs up to a maximum of 8 bedrooms
  • They will accept MUBs up to a maximum of 10 flats/units
  • Any required Local Authority licences must be in place before completion 

There are no additional fees for HMOs/MUBs and their rental calculations are as for their standard products. 

The product range and changes can be seen here. 

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