• No credit score
• First time landlords
• No minimum income - 3 months’ bank statements to confirm conduct of account
• Income from any legal source - earned / unearned / buy to let / other
• No minimum employment or self employment time
• Non owner occupiers accepted
• Studio flats accepted - no restrictions on square footage
• Application can be in sole name if married
• CCJ’s / defaults + 24 months can go on our prime product - must be satisfied at application stage
• Adverse product allows 1 CCJ / default to £2,000 in 24 months or 1missed payment - none in last 6 months
• Maximum age 85
• 10 Properties with FHL (3 in 1 postcode) unlimited with others
• No arrangement fee / ERC product
• Pay rate product
• Redeem a bridging loan at 3 months on exception
• A first time buyer is defined as someone that has never owned a property

 

DIPs can be valid fo 60 days, with notification from you after 30 days.
Contact
Foundation Home Loans
Telephone: 0344 770 8032
Email: fhl@foundationhomeloans.co.uk