Foundation Home Loans targets larger loans with new limited edition BTL deals

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Foundation Home Loans has unveiled a new suite of limited edition buy-to-let products aimed at landlords seeking larger loan sizes, including those financing HMOs, MUFBs and expatriate borrowers.

Announced today, the intermediary-only specialist lender launched five fixed rate products designed for minimum loans starting at £200,000, all available up to 75% LTV and featuring flat fee structures intended to provide clarity and value at the higher end of the market.

The new range includes options under Foundation’s F1 and F2 tiers. The F1 products – which cater for landlords with near-prime credit histories – feature two five-year fixed options: one at 5.19% with a flat £4,995 fee, and another at 4.99% with a higher flat fee of £7,995. The former is available for loans of at least £200,000, while the latter starts at £300,000.

Under the F2 tier, which is designed for more complex property types, the lender has introduced a two-year fix for large HMOs at 6.34%, and a five-year fix at 6.14% – both with flat fees of £4,995 and a minimum loan size of £200,000.

A new five-year fix for multi-unit freehold blocks (MUFBs) is also available at 5.64%, under the same fee and loan size conditions.

Alongside the new products, Foundation has also cut the rate on its existing F1 Expat two-year fixed offering by five basis points, bringing it down to 6.09%. This product, available at 75% LTV with a 1.50% fee, reflects the lender’s continued focus on the expatriate landlord segment.

The lender said the expanded offering demonstrated its ongoing investment in specialist underwriting and its aim to give brokers access to tools that support a broader range of landlord profiles.

“These new Limited Editions are designed to deliver real value to landlords seeking larger loans, while supporting brokers with options that address the complexity of modern buy-to-let lending,” said Tom Jacob, director of product and marketing at Foundation Home Loans.

“We continue to innovate across the buy-to-let spectrum and remain committed to providing products that go further than just competitive rates. At Foundation Home Loans, our strength lies in our broad proposition, underpinned by specialist expertise.”

Foundation said the limited edition products were part of a strategy to address sectors of the market often underserved by high street lenders, including expats, portfolio landlords, and those operating in specialist property classes.

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