Foundation – the home of specialist mortgages

Who we are

What we do - Residential:  

• 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 £3m
• 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

• 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
   

What we do - Buy to Let:

Good at:

• UK landlords with F1 – F3 credit criteria 
• Portfolio and non-portfolio landlords
• Short Term Lets 
• Holiday Lets stressed at 125% for all and using seasonal income
• HMOs and Large HMOs
• MUFBs up to 10 units
• Green BTL Mortgages EPC A-C 
• Day 1 remortgage from cash purchase 
• Consumer Buy to Let
• Mixed use/semi-commercial properties with combined Residential (60%+ of value) and Commercial - Solutions range
• Multi Properties (up to 4) on one title - Solutions range 
• Properties above or adjacent to commercial premises - Solutions range

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 and for HMOs
• Ex-pat options available
• Those looking to improve the energy efficiency of their property with our EPC Saver
• Landlords considering mixed use properties and with more complex requirements 

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
• Mixed use 60% residential max 40% commercial

Jump to Buy to Let by Foundation products and criteria

How to register with us

Register with us here

Contact details

• Telephone - 0344 770 8032
• Email - [email protected]
• Address - Foundation Home Loans, 5 Arlington Square, Downshire Way, Bracknell, Berkshire, RG12 1WA