In response to increasing demand, Foundation Home Loans has announced that it is increasing its maximum loan size across its Buy to Let range to £1m for loans up to 65% LTV.
For loans up to 75% and for HMOs, the maximum loan size remains £500,000. There is no change to pricing.
Jeff Knight, Director of Marketing at Foundation Home Loans, said: “We have been receiving an increasing demand from intermediaries for larger loan sizes, so this is a simple move in response to that. As a growing specialist intermediary lender, we will continue to identify ways to expand our product proposition to the market.”