Foundation has expanded its buy-to-let (BTL) range with new products including Green, house in multiple occupation (HMO), multi-unit freehold block (MUFB), holiday let and expat options.
A new Green Standard HMO product has been launched at 5.59% with a 4% fee, plus £500 cashback and no application fee for properties with an energy performance certificate (EPC) rating of A-C.
There are also two new 5-year fixed products for MUFBs and holiday lets, both with a flat fee of £4,995.
The MUFB product is set at 6.24% and the holiday let at 6.34%.
Within the expat range, Foundation has introduced a new F2 2-year fix at 6.34% with a 1.5% fee.
The F1 range, for clients with an almost clean credit history, now includes a Green 5-year fix at 5.49% with a 5% fee, free valuation and no application fee for properties with an EPC rating of A-C.
Grant Hendry, director of sales at Foundation, said: “In the current market, brokers need a lender that can offer both consistency and breadth of product, particularly as landlord cases become more varied and often more complex.
“These latest additions are about making sure brokers have the right options available, whether they are placing standard buy to let business or working across more specialist areas such as HMOs, MUFBs or holiday lets.
“We’re also seeing continued interest in expat borrowing, and it’s important we keep that range competitive while still reflecting wider market movements.”
Hendry added: “At the same time, the introduction of new Green products is another step in supporting landlords who have improved existing properties or are targeting more energy-efficient investments from the outset.
“Ultimately, this is about giving brokers clarity and choice.
“In a market that can move quickly, having a lender that sets out its proposition clearly and maintains a strong spread of products can make a real difference to how efficiently brokers are able to place cases and deliver for their clients.”