Foundation Home Loans has enhanced its core BTL range with a new 85% LTV product.
Available to both individuals and limited companies, the specialist lender’s F1 BTL product offers a five-year fixed rate of 6.49%, a minimum loan size of £100,000 and no product fee, and is available up to 85% LTV.
There is no minimum income requirement, and brokers will continue to benefit from Foundation’s same-day DIP turnaround times.
The product is designed to appeal to a wide range of borrowers, from first-time landlords to seasoned investors seeking to release equity or expand their portfolios.
Tom Jacob, director of product and marketing at Foundation Home Loans (pictured above), commented: “Extending our core BTL offering into the 85% LTV band represents a significant step for the business and a big moment in BTL lending.
“It provides landlords and our intermediary partners with a compelling, low-deposit route to access funding in a market where affordability can often be a barrier — particularly for those looking to maximise leverage or reduce upfront costs.
“Whether it’s a client’s first rental property or an addition to an existing portfolio, this product opens up new borrowing opportunities with the reassurance of a competitive, fee-free rate and our trademark fast turnaround times.
“We expect it to be an extremely popular option.”
