Foundation Home Loans has reduced rates across its core and limited edition holiday let ranges, aiming to reinforce its position in a resilient part of the buy-to-let market.

The intermediary-only lender has cut pricing on its two- and five-year fixed rate core holiday let products by 0.10%. Rates now begin at 6.24% up to 75% loan-to-value (LTV) for a five-year fix and 6.54% for a two-year fix.

Its limited edition five-year fixed rate product has also been reduced by 0.10%, now starting from 5.99% up to 75% LTV. The product’s fee structure has been revised from 2.5% to a flat £7,995, with a minimum loan size of £250,000.

Foundation said the changes are designed to appeal to brokers with landlord clients operating in higher-value markets, where larger loans are typical.

The lender’s holiday let range is open to both individual and limited company landlords, and accepts verified holiday rental income in affordability assessments – a feature it says continues to distinguish its approach.

Foundation also caters for portfolio and first-time landlords, as well as those financing complex or higher-value properties.

Tom Jacobs (pictured), director of product at Foundation Home Loans, said: “The holiday let market has proven remarkably resilient, with sustained demand from both domestic and overseas visitors driving strong occupancy levels and competitive yields.

“By refining our pricing and fee structure, particularly on larger loan sizes, we’re making our products even more accessible and attractive to landlords and intermediaries operating in this space.

“Our goal is to ensure advisers have the right tools to help clients capitalise on opportunities in what remains one of the most dynamic areas of the buy-to-let market.

“These latest enhancements reaffirm our ongoing commitment to supporting brokers and landlords with competitive, flexible, and transparent specialist lending solutions.”