FHL unveils 5-year fix

The product is available to individuals and limited companies and has an interest cover ratio of 145% for individuals and 125% for limited companies.

FHL unveils 5-year fix

Foundation Home Loans has launched a 5-year fixed rate through its packager partners at 3.34% to 65% loan-to-value.

The product is available to individuals and limited companies and has an interest cover ratio of 145% for individuals and 125% for limited companies.

Andrew Ferguson, commercial director at Foundation Home Loans, said: “We are delighted to be offering this product via our key packager partners, who are an important part of our growth plans.

“This product will appeal to both portfolio and non-portfolio landlords and offers generous rental calculations.”