Foundation Home Loans, the intermediary-only, specialist lender, has today (29th April 2019) announced a series of buy-to-let Breakfast Club events which will take place around the country providing information on a range of buy-to-let areas and specifically limited company buy-to-let and how advisers can support their clients in this sector.
The first event will take place on the 16th May in Manchester at the Radisson Blu Hotel and will be hosted by Foundation’s Regional Account Manager for the North West, Cheryl Power.
After Manchester, further Breakfast Clubs will take place including: Durham (22nd May); Warwickshire (5th June); Bedfordshire (13th June); Bristol (19th June); Lingfield (17th September); and Southampton (25th September).
Each event will be attended by a Foundation Regional Account Manager and will provide advisers with the opportunity to discuss when and why clients should consider limited company buy-to-let, plus offer the chance to network with peers, secure answers on cases, and earn CPD hours. Breakfast will be provided to all who attend.
Places at each Breakfast Club are limited and advisers are encouraged to book as early as possible.
Foundation’s range of buy-to-let products for those who are purchasing or refinancing through a limited company is currently available up to 80% LTV, is offered at an ICR of 125 times the pay rate for five-year fixed rates, has no maximum age, accepts newly-incorporated limited companies, and has a maximum loan size of £1.5m.
Jeff Knight, Director of Marketing at Foundation Home Loans, said: “We’ve seen a considerable uplift in not only interest in limited company buy-to-let products but also our business levels in this area, as more landlord borrowers seek to use these vehicles, particularly when it comes to adding to portfolios. Our limited company buy-to-let business increased by 43% in quarter one this year, compared to the same period in 2018, so it’s clear this is a growth area for advisers and they are likely to see more clients who want to utilise limited companies when investing in property.
“We’ll be running these Breakfast Club events across the country in order to help advisers understand the options available to their clients and to ensure they’re on top of what can be a potentially tricky area to navigate. As a specialist in this sector we want to ensure that advisers come away with a raft of information but also know they can contact Foundation to help them deal with such cases. These events promise to not only provide a good breakfast but also give everyone who attends an up-to-date view on what is available, support to help grow business in this area and a view on how the sector might evolve in the future. We would urge anyone who wants to attend to sign up as soon as possible.”