Foundation Home Loans has launched its new Property Plus and HMO Plus product ranges.
The Property Plus and HMO Plus ranges include 2-year and 5-year fixed rate Property Plus products starting from 6.99% up to 75% loan-to-value (LTV) with a 2% product fee.
The range also includes a 2-year and 5-year fixed rate HMO Plus products starting from 7.09% up to 75% LTV with a 2% product fee.
In addition to these products, Foundation has cut rates by up to 0.25% across key areas of its buy-to-let range.
This includes a 0.10% reduction on multiple properties on one title rates, now starting from 6.89% with a 2.50% product fee, and up to a 0.15% reduction on semi commercial property rates, starting from 7.34% with a 3% product fee.
Tom Jacob, director of product and proposition at Foundation Home Loans, said: “Expanding financing options for landlords with complex property types remains a key priority for Foundation Home Loans.
“The launch of Property Plus and HMO Plus is designed to support those who may have faced restrictions under traditional valuation and underwriting criteria in the past.
Jacob added: “These latest additions and enhancements reaffirm our commitment to supporting our intermediary partners with specialist products tailored to meet real-world buy to let lending needs, whether for first-time investors or experienced portfolio landlords, while ensuring they have the tools and flexibility to secure the right solutions for their clients.”
