Foundation Home Loans has launched a new limited edition five-year fixed rate buy-to-let product.

Available for both purchase and remortgage purposes, the F1 limited edition five-year buy-to-let fixed rate comes with a headline rate of 5.64% up to 75% LTV and a 1.50% fee.

This follows the December repricing of selected products across the specialist lender’s core buy-to-let range with rate reductions of up to 0.20%.

Tom Jacob, director of product and marketing at Foundation Home Loans, said: “We promised to start 2024 with a bang and the introduction of such a competitive rate offers yet more positive news for landlords and our intermediary partners.

“This is a product which further enhances our broad range of competitive rates and fee options across a variety of fixed rate terms and is likely to be a popular option in what could prove to be an opportunity-laden period for landlords across the UK.”