Foundation Home Loans lowers holiday let rates for specialist landlords

Intermediary-only specialist lender, Foundation Home Loans, has announced that it has reduced rates across its core and limited edition holiday let product ranges.

The lender has cut its two- and five-year fixed rate core holiday let products by 0.10%, effective immediately. Pricing now starts from 6.24% up to 75% LTV for a five-year fix and 6.54% up to 75% LTV for a two-year fix.

Foundation Home Loans’ limited edition five-year fixed rate holiday let product has also been reduced by 0.10%, now starting from 5.99% up to 75% LTV. The product also features a revised fee structure, moving from 2.5% to a flat fee of £7,995, with a minimum loan size of £250,000. These changes are intended to appeal to brokers supporting landlords in higher-value markets, where larger loan amounts are more typical.

The updates underline Foundation Home Loans’ commitment to the specialist property sector, particularly the growing short-stay market. Its holiday let products are available to both individual and limited company landlords, and allow verified holiday rental income to be used in affordability assessments, a feature that remains a key differentiator.

The lender’s criteria support a broad range of borrower types, including portfolio landlords, first-time landlords, and those purchasing complex or higher-value properties. Its manual underwriting process, combined with expert case assessment, provides brokers with consistent, practical decisions across a wide variety of buy-to-let scenarios.

Tom Jacob, director of product at Foundation Home Loans, said: “The holiday let market has proven remarkably resilient, with sustained demand from both domestic and overseas visitors driving strong occupancy levels and competitive yields. By refining our pricing and fee structure, particularly on larger loan sizes, we’re making our products even more accessible and attractive to landlords and intermediaries operating in this space."

He added, “Our goal is to ensure advisers have the right tools to help clients capitalise on opportunities in what remains one of the most dynamic areas of the buy-to-let market. These latest enhancements reaffirm our ongoing commitment to supporting brokers and landlords with competitive, flexible, and transparent specialist lending solutions.”