Foundation has launched two new limited-edition BTL products, available at 75%.
The new two-year fixed-rate products are available within Foundation's F1 range — for landlord borrowers with an almost clean credit history — and cover:
• limited Edition available at 4.44% and a Green option available at 4.34%, for properties already with an EPC of A-C
Both products come with a 4% fee, a free standard valuation and no application fee, which Foundation said would help reduce upfront costs for landlord borrowers while enhancing overall product value.
Grant Hendry, director of sales at Foundation, commented: "Recent market conditions have created an opportunity for us to bring two highly-competitive limited-edition products to market, which we believe will be particularly attractive for brokers seeking strong value for their landlord clients.
"While rate remains an important consideration, landlords are also increasingly focused on overall costs and product flexibility. By offering a free standard valuation and removing application fees, these products can help reduce upfront expenditure while delivering highly competitive pricing.
"As a specialist lender, our focus is always on providing advisers with options that allow them to support a wide range of landlord circumstances and property types. These latest additions strengthen our BTL proposition and demonstrate our determination to respond quickly when market conditions allow."
