The firm has introduced remortgage-only products at 65% loan to value (LTV), available at 6.09% for F1 lending and 6.29% for F2.
There is also a first-time buyer/landlord two-year fixed rate at 75% LTV available at 6.39% for F1 borrowing; for F2, the two-year fix at 65% LTV stands at 5.99%.
Its two-year fixed rate house in multiple occupancy (HMO) and multi-unit freehold block (MUFB) offerings at 65% LTV are priced at 6.14% and 6.19%, respectively.
The Property Plus offering – for landlords purchasing or refinancing properties that do not meet standard high street lending criteria – is available at 6.59% for a five-year fix up to 75% LTV.
Alongside the new additions, rates across almost all of Foundation’s existing BTL products have been cut by up to 35 basis points (bps).
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The firm has also removed fees on selected 80% LTV deals, so landlord borrowers requiring higher LTVs have lower upfront costs.
Foundation said the changes are intended to support a range of landlord circumstances, borrower profiles and property types alongside the provision of a wider range of specialist lending options.
Grant Hendry (pictured), director of sales at Foundation, said: “This is one of the most significant buy-to-let refreshes we have undertaken this year and reflects our determination to provide brokers with both greater choice and stronger pricing across a wide range of landlord scenarios.
“We have reintroduced products to further broaden the proposition, launched new options in key areas of demand and reduced rates across almost the entire range. Combined with the removal of fees on selected higher-LTV products, these changes provide advisers with more ways to support landlord clients while helping to manage overall borrowing costs.
“Several products now sit in highly competitive positions within the market, including products that are at or near the top of the sourcing tables in their respective categories. As a specialist lender, our focus remains on responding quickly to market opportunities and ensuring advisers have access to solutions that meet the diverse needs of today’s landlords, whether they are purchasing, remortgaging, expanding portfolios or investing in more specialist property types.”
