Due to an increasing demand, Foundation Home Loans is increasing its maximum loan size across its buy-to-let range.
Working exclusively through intermediaries, Foundation Home Loans has increased the maximum individual loan size to £1 million for loans up to 65% LTV.
The maximum size for loans up to 75% and for HMOs remains at £500,000. There is no change to pricing.
Jeff Knight, director of marketing at Foundation Home Loans, said: “We have been receiving 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.”