Foundation launches new limited edition buy-to-let rates
The two new products are available in Foundation's F1 range.
Foundation has announced the launch of two new limited edition buy-to-let products, available at 75% LTV.
The new two-year fixed rate products are available within Foundation's F1 range - for landlord borrowers with an almost clean credit history.
The standard product has a rate of 4.44%, with a green option available at 4.34% for properties with an EPC of A-C.
Both products come with a 4% fee, a free standard valuation and no application fee.
Grant Hendry, director of sales at Foundation, commented: "Recent market conditions have created an opportunity for us to bring two highly-competitive limited edition products to market, which we believe will be particularly attractive for brokers seeking strong value for their landlord clients.
"While rate remains an important consideration, landlords are also increasingly focused on overall costs and product flexibility. By offering a free standard valuation and removing application fees, these products can help reduce upfront expenditure while delivering highly competitive pricing.
"As a specialist lender, our focus is always on providing advisers with options that allow them to support a wide range of landlord circumstances and property types. These latest additions strengthen our buy to let proposition and demonstrate our determination to respond quickly when market conditions allow."
Breaking news
Direct to your inbox:
More
stories
you'll love:
This week's biggest stories:
Iress
Iress expands mortgage and protection distribution through new Access FS platform
FCA
Advice firm employees plead guilty after defrauding clients of £2m
Atom Bank
Try Mortgage Network adds Atom Bank to residential mortgage panel
FCA
MPs call for investigation into FCA's treatment of whistleblowers
This week's biggest stories:
Iress
Iress expands mortgage and protection distribution through new Access FS platform
FCA
Advice firm employees plead guilty after defrauding clients of £2m
Atom Bank
Try Mortgage Network adds Atom Bank to residential mortgage panel
FCA
MPs call for investigation into FCA's treatment of whistleblowers
Mortgage Rates
Average five-year fixed rate mortgage hits 6%
Inflation
Inflation could return to target by end of 2027, economist predicts