Foundation has relaunched several buy-to-let (BTL) products and cut rates for multi-unit freehold block (MUFB) and holiday let mortgages.
The lender has brought back its ERC3 5-year fixed-rate product, which has early repayment charges (ERCs) for only three years of the term.
New standard and specialist options have also been added.
The range now includes five new products.
The F1 and F2 remortgage-only 5-year fixed rates are available at 75% loan-to-value (LTV), with the F1 at 6.44% and the F2 at 6.54%.
Both come with a free standard valuation, £500 cashback and no application fee.
The F1 ERC3 5-year fix to 75% LTV is set at 6.39% with a 1.5% fee.
An F1 EPC Saver 5-year fix at 75% LTV is available at 6.49% with a 1.25% fee, £1,000 cashback and a free energy saving audit.
The F2 short term let 5-year fix at 75% LTV is set at 6.74% with a 1.25% fee, no application fee and a free standard valuation.
Foundation has also reduced rates on two existing products.
The MUFB 5-year fixed rate at 75% LTV has been cut by 0.15% to 6.09% and the holiday let 5-year fixed rate at 75% LTV has gone down by 0.10% to 6.24%.
Both come with a £4,995 fee.
Grant Hendry (pictured), director of sales at Foundation, said: “We’ve moved quickly to respond to changes in the market and continue to try and make sure brokers have access to a strong and relevant set of options for their landlord clients.
“We think the return of the ERC3 five-year fixed-rate will be particularly welcome.
“It’s a product that has been consistently popular with brokers, especially for landlord clients who want a balance between early repayment flexibility and longer-term certainty.”
Hendry added: “At the same time, we’ve widened our support for specialist property types, including short-term and holiday lets, which remain an important and active part of the market.
“Alongside this, the rate reductions on our MUFB and holiday let products show our intent to stay competitive and support brokers with cases that can often be more complex to place.
“Overall, this is about giving brokers more choice across both standard and specialist buy to let, backed by a proposition that works for the type of landlord business they are writing today.”