Aug
30

Foundation offers consumer buy to let mortgages

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Foundation Home Loans, the intermediary-only specialist lender, has announced that consumer buy to let (CBTL) mortgages are now accepted as standard criteria across its ‘Buy to Let by Foundation’ and ‘Solutions by Foundation’ product ranges. 

The following scenarios are typical of a consumer buy to let:

  • Property inherited from a relative
  • Applicant/customer moved in with a partner and wants to let out the property
  • Applicant/customer moving for work but wishes to keep and let out the property
  • Applicant/customer remortgaging their current main residence to a buy-to-let mortgage

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