Foundation Home Loans

Residential by Foundation

Good at:

• Self Employed, complex/mixed income, complex employment
• First Time Buyers
• Low credit score/ credit history
• F1 – F4 Credit Criteria
• 100% of more income types considered
• Professionals up to 6x and Key Workers up to 5.5x enhanced income multiples
• Joint Borrower Sole Proprietor
• Loans up to £2m
• Interest only, affordability calculated on an interest only basis up to 70% LTV
• Capital raising for buy to let purchase accepted
• Part and part mortgages – see website for LTV limits
• Green mortgages for properties with EPC rating A-C

Why use Residential for your next specialist residential case?

Who for?

• Self-employed – directors, partners and contractors
• Employed – no minimum term in current job (minimum 3 months employed)
• Clients with multiple and unusual income sources
• Those with recent credit blips / lower credit scores
• Eligible Professionals looking for up to 6 x income
• £ for £ remortgage with no loan to income cap
• Those looking to improve the energy efficiency of their property with our EPC Saver

Jump to Residential by Foundation products and criteria

Buy to Let by Foundation

Good at:

• UK landlords with F1 – F3 credit criteria
• Portfolio and non-portfolio landlords
• Short Term Lets
• Holiday Lets stressed at 125% for all using seasonal income
• HMOs and Large HMOs
• MUBs up to 10 units
• Green BTL Mortgages EPC A-C
• Day 1 remortgage from cash purchase
• Consumer Buy to Let

Why use Foundation for your next BTL case?

Who for?

• Portfolio and non-portfolio landlords
• Individual and Limited Company/SPV applicants
• Limited companies with complex structures
• Up to 4 directors and unlimited shareholders
• Newly incorporated limited companies acceptable
• No minimum term of employment/self-employment and no minimum income
• First time landlords considered including HMOs
• Ex-pat options available
• Those looking to improve the energy efficiency of their property with our EPC Saver

How much?

• Rental income stressed at 125% for limited co and basic rate taxpayers, 145% for higher rate and 135% for mixed
• Loans up to £2m on core range
• Large Portfolio – aggregate borrowing above £5m+
• Large Loans (Up to £5m)
• Max age 85 (no max age for Ltd Companies)
• Straightforward underwriting with document requirements waived where possible on BTL and direct updates from underwriters

Jump to Buy to Let by Foundation products and criteria

Solutions by Foundation

Good at:

• Specialist mixed use properties with combined Residential (60%+ of value) and Commercial

Multi Properties (up to 4) on one title

• Day 1 remortgage from cash purchase

Why use Solutions by Foundation for your next specialist case?

Who for?

• Portfolio landlords
• Individuals or Limited companies/SPVs
• Ex-pat options available
• Commercial Landlords with mixed use properties

How much?

• Mixed use 60% residential max 40% commercial
• Up to £3 million maximum
• Up to 70% LTV (mixed use)
• ICR at 125% for Ltd Cos and Basic rate tax payers, 145% for Higher rate and 135% for mixed

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