Product fees have been removed from 2- and 5-year fixed-rate 90% loan-to-value (LTV) products, including for key workers.
Foundation has increased its maximum residential lending age from 75 to 80 and cut rates across its mortgage range.
Product fees have been removed from 2- and 5-year fixed-rate 90% loan-to-value (LTV) products, including for key workers.
Several products have also been reintroduced to expand adviser choice.
Among the returning products are F1 Green mortgages for properties with an energy performance certificate (EPC) rating of A-C, available up to 85% LTV.
Foundation has also brought back its F2 joint borrower sole proprietor (JBSP) range and its professional product range, with fixed rates starting from 6.49% up to 75% LTV and 6.89% up to 85% LTV.
Core F1 rates now start from 6.19% for a 2-year fixed-rate and 6.34% for a 5-year fixed-rate at 65% LTV.
Remortgage-only products are once again available, featuring either £300 cashback or fee-assisted legal services, plus a free valuation and no application fee.
Grant Hendry, director of sales at Foundation, said: “The increase in our maximum residential lending age to 80 is an important enhancement which reflects the reality of today’s market.
“More borrowers are choosing to work later in life, many have different retirement plans to previous generations, and brokers increasingly need lending solutions that reflect those changing circumstances.
“However, this launch is about much more than criteria. We’ve taken the opportunity to strengthen our overall residential proposition through rate reductions, fee changes and the reintroduction of a number of key products which we know are valued by brokers and their clients.”
Hendry added: “The return of our Green, JBSP and Professional products helps restore greater breadth across the range, while the rate reductions improve competitiveness and the removal of fees on our 90% LTV products helps reduce upfront costs for eligible borrowers.
“Taken together, these changes provide brokers with more options and greater flexibility across a wide variety of customer circumstances.”