Foundation has relaunched a range of products across both its BTL and residential ranges.
The return to market follows a temporary withdrawal of products earlier this week, though the lender said conditions had now settled.
Across BTL, the relaunched products cover standard mortgages, as well as key property types including HMOs, MUFBs, short-term lets, expats and both property and HMO plus options.
Selected changes have been made to fees on five-year fixed-rate products, including a reduction on standard HMO products.
Not all previous products have returned, with Foundation commenting that it “has streamlined both ranges to allow for faster response to market changes.”
Grant Hendry, director of sales at Foundation (pictured above), commented: “We took the decision earlier this week to withdraw products in response to a period of significant market movement and deep uncertainty.
“At the time, we felt that was the right step to ensure we could protect both our wider lending position and the service we offer to brokers.
“Since then, we have seen some signs of stability returning, and that has allowed us to relaunch this range of both BTL and residential products.
“While we have made some changes to pricing and product structure, our focus remains on offering practical solutions across a wide range of borrower and property types.
“However, it is important to be clear that the situation remains fluid. We are keeping a close watch on market developments and will continue to act quickly if conditions change.”
