Foundation Home Loans has launched five new limited edition buy-to-let products designed with larger loan sizes in mind, featuring flat fee structures.
In its F1 range - for landlord borrowers with an almost clean credit history - a five-year fix has launched at 5.19% up to 75% LTV with a flat fee of £4,995 and minimum loan size of £200,000.
An F1 five-year fix is also available at 4.99% with a flat fee of £7,999 and minimum loan size of £300,000.
An F2 - for landlord borrowers financing a more specialist property type - large HMO two-year fix is available at 6.34% with a £4,995 fee and minimum loan of £200,000, with the five-year equivalent product launching at 6.14%.
In addition, an F2 multi unit freehold block (MUFB) five-year fix starts at at 5.64% with a £4,995 fee and minimum loan size of £200,000.
In addition, Foundation Home Loans has reduced the rate on its existing F1 expat two-year fix by 5bps to 6.09%, available up to 75% LTV with a 1.50% fee.
Tom Jacob, director of product and marketing at Foundation Home Loans, commented: “These new limited editions are designed to deliver real value to landlords seeking larger loans, while supporting brokers with options that address the complexity of modern buy-to-let lending.
"We continue to innovate across the buy-to-let spectrum and remain committed to providing products that go further than just competitive rates. At Foundation Home Loans, our strength lies in our broad proposition, underpinned by specialist expertise.”
