Foundation launches BTL product with PMS and Sesame

Foundation Home Loans has launched a new buy-to-let fixed rate product though PMS Mortgage Club and Sesame Network.

The new offering is a 65 per cent LTV five-year fix at 3.24 per cent with a £1,995 arrangement fee.

The product is available for limited company landlords and is accessible through the Foundation Home Loans F1 product range.

Sesame and PMS director of mortgages Jane Benjamin comments: “We are very pleased to be partnering with Foundation Home Loans to provide our PMS and Sesame members with access to this new BTL exclusive.”

Foundation Home Loans commercial director Andrew Ferguson adds: “With landlords increasingly likely to use limited company vehicles to purchase new properties, we believe this new exclusive BTL product will appeal to both PMS and Sesame’s advisers and their clients.

“Since the taxation and regulatory changes were introduced, the growth in demand for limited company BTL has been significant.”

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