The buy-to-let brand of specialist lender, Foundation Home Loans, has launched a new Fee Assisted Limited Edition product.

Available in its F1 tier – for clients with an almost clean credit history, the five-year fixed rate is offered up to 75% LTV with a rate of 5.94% and a 1% fee.

The product also comes with a free standard valuation and no application fee.

This new Limited Edition follows Buy to Let by Foundation’s launch last month of a new Limited Edition Holiday Let five-year fixed-rate product and new Specials covering two- and five-year fixes.

VERY POPULAR

Tom Jacob (main picture), director of product and marketing at Foundation Home Loans, said: “Fee-assisted options often prove very popular with those landlords who want to both minimise their upfront costs and not necessarily add a significant fee amount to the overall loan.

“At the same time, with a free standard valuation and no application fee to pay, this is a very competitive total cost and one we’re sure will be popular with those landlords either seeking to purchase or remortgage at this time.”