Foundation Home Loans has bolstered its core BTL proposition with a new limited-edition five-year fixed-rate product.
Available for both purchase and remortgage, the new F1 option is priced at 5.64% at up to 75% LTV, with a 1.5% fee.
This follows the lender’s latest rate cuts of up to 20 bps across its core BTL range, announced in December.
Tom Jacob, director of product and marketing at Foundation Home Loans (pictured above), said: “We promised to start 2024 with a bang and the introduction of such a competitive rate offers yet more positive news for landlords and our intermediary partners.
“This is a product which further enhances our broad range of competitive rates and fee options across a variety of fixed rate terms and is likely to be a popular option in what could prove to be an opportunity-laden period for landlords across the UK.”
