Foundation Home Loans is launching a limited edition BTL product aimed at the holiday let market.
Designed in the F2 bracket, for clients financing a more specialist property type, the limited edition holiday let product is fixed for five years.
Available for up to 75% LTV, the product has a rate of 6.24% and a 2.25% fee.
The launch has been made via Foundation’s BTL brand with a similar product launched simultaneously via its residential brand.
Tom Jacob, director of product and marketing at Foundation Home Loans, commented: “Diversification of portfolios has continued to be a key priority for many landlord borrowers, particularly in areas such as holiday lets so we’re pleased to be launching a new limited edition product in this space which should help those seeking to either purchase or remortgage property for this purpose.”
