Foundation has launched a series of limited edition buy-to-let (BTL) products across its F1, HMO and holiday let ranges, following a recent easing in swap rates.
The intermediary-only specialist lender said the products were designed to provide brokers with additional competitive options across a range of landlord scenarios.
Within its F1 range, which is aimed at landlord borrowers with an almost clean credit history, Foundation has introduced limited edition 2- and 5-year fixed-rate products, priced at 5.59% and 5.99% respectively. Both products come with a flat fee of £3,995.
For more specialist property types, the lender has launched a limited edition five-year fixed-rate product within its F2 Standard HMO range, priced at 6.24% with a £3,995 fee.
Foundation has also added new limited edition products within its F2 holiday let range, including a two-year fixed-rate option at 6.04% and a five-year fix at 6.34%, both with a £3,995 fee.
F2 products are designed for clients financing more specialist property types or those with some historical credit issues.
The full details of the updated ranges are now available within its latest product guides.
Grant Hendry, director of sales at Foundation, said: “We continue to monitor market conditions, and the slight easing in swap rates, has given us the opportunity to introduce these new Limited Edition buy to let products.
“As a specialist lender, it’s important we remain responsive and bring out options that reflect both market conditions and the needs of brokers and their landlord clients.
“These new products are designed to offer competitive pricing across a range of scenarios, from straightforward cases through to more specialist property types such as HMOs and holiday lets.
“We’re conscious that the market can still move quickly, and while this is a positive step, we’ll continue to keep a close watch on developments and act where needed.
“Our focus remains on providing consistent support and a broad set of solutions that brokers and their landlord clients can rely on.”