Buy to Let by Foundation has reduced prices on a range of special flat rate offers by up to 30 basis points.
The revised Specials are available in both F1 – for customers with a virtually clean credit history – and F2 – for customers financing a more specialized property type.
Products include F1 Portfolio Landlord, five-year fixed rates reduced to 0.30% with a 6% fee; rates from 4.89% to 75% LTV.
F1 Portfolio Landlord Fee-Assisted, five-year fixed rate reduced by up to 0.30% with a 5% fee; rates from 5.09% to 75% LTV.
F1 two-year fixed interest rates, reduced by up to 0.25% for a 4% fee; rates from 4.49% to 75% LTV.
F2 HMO fixed rates of two and five years reduced by up to 0.30% with a 3% fee; rates from 4.99% to 75% LTV.
And F2 Multi-Unit Freehold Block (MUFB) fixed interest rates for two and five years reduced by up to 0.30% at a 3% fee; rates from 5.09% to 75% LTV
Virgin’s product changes include that for purchase rates with a £995 fee, the 65% LTV fixed rate over two years will be reduced by 0.16% to 4.37%; The 90% LTV fixed interest rate over two years will be reduced by 0.05% to 5.08%.
The lender’s 65% LTV fixed rate over five years will be reduced by 0.05% to 4.24% and the 85% LTV fixed rate over 5 years will be reduced by 0.21% to 4.43%.
For Virgin’s Purchase fee-savers products, the fixed rate of 65% LTV over two years will be reduced by 0.15% to 4.63%; the two-year fixed interest rate of 85% LTV is reduced by 0.19% to 5.01%. The lender’s 75% LTV five-year fixed rate will be reduced by 0.05% to 4.39% and the 90% LTV five-year fixed rate will be reduced by 0.05% to 4.86%.
Other changes include certain fixed rates for shared ownership being reduced by up to 0.10%, starting at 4.24%. And the five-year Retrofit Boost rate will be reduced by up to 0.21%, starting at 4.59%.
The end dates shift to March 1 of the year in question.