Foundation launches limited edition buy-to-let product

‘Buy to Let by Foundation’, the buy-to-let brand of Foundation Home Loans, has launched a new fee-assisted limited edition product. 

Available in its F1 tier - for clients with an almost clean credit history – the five-year fixed rate is offered up to 75% LTV with a rate of 5.94% and a 1% fee. 

The product also comes with a free standard valuation and no application fee. 

This new limited edition product follows Buy to Let by Foundation’s launch last month of a new limited edition holiday let five-year fixed rate product and new specials covering two and five-year fixes. 

Tom Jacob, director of product and marketing at Foundation Home Loans, said: “Fee-assisted options often prove very popular with those landlords who want to both minimise their upfront costs and not necessarily add a significant fee amount to the overall loan.

“At the same time, with a free standard valuation and no application fee to pay, this is a very competitive total cost and one we’re sure will be popular with those landlords either seeking to purchase or remortgage at this time.”