"By expanding choice and improving rates across multiple residential credit tiers, we’re helping brokers deliver more solutions that meet the reality of today’s borrowing landscape"
- Tom Jacob - Foundation Home Loans
Intermediary-only specialist lender, Foundation Home Loans, has introduced updates across its Residential product range, including selected rate reductions of up to 20 basis points (bps) and the launch of eight new products. These changes are intended to give brokers more flexibility across a wider spectrum of loan-to-value (LTV) options.
Following a period of improving market conditions and reduced swap rates, Foundation Home Loans said the refreshed range would ensure brokers continue to have access to competitively priced options that meet the needs of specialist residential mortgage clients.
The update includes an enhancement of the lender’s Green Residential mortgage proposition, which is available on properties with an A-C Energy Performance Certificate (EPC) rating.
The Green range will now offer a £500 cashback on completion, replacing the previous free valuation, and is available across all Foundation Home Loans’ credit tiers (F1 to F4) for the first time.
The lender described this as a significant expansion of its Green mortgage strategy, extending support for energy-efficient homes to a broader group of borrowers, including those with less-than-perfect credit histories.
The wider Residential range also benefits from selected rate reductions across F1–F4 Core, Remortgage, EPC Saver, Joint Borrower Sole Proprietor (JBSP), Professionals, and Key Worker products, providing greater choice and competitive pricing for brokers seeking tailored solutions.
Product highlights of the Residential range include:
F1 products for borrowers who narrowly miss mainstream criteria: remortgage rates reduced by up to 0.15%, starting from 5.49% with a £595 fee.
Selected F1 core five-year fixed-rate products cut by up to 0.10% at higher LTVs (from 80%), with a £995 fee.
New F1 and F2 Green products, including a 65% LTV two-year fix at 5.29% and a 75% LTV five-year fix at 5.59%, both with a £595 fee and £500 cashback.
F3 products for borrowers with credit issues in the last 12 months, and F4 for borrowers with no significant adverse credit in the last six months, now include Green options at 75% LTV for two- and five-year fixes, starting from 5.89% and 6.19% respectively, each with a £595 fee and £500 cashback.
F1 EPC Saver products reduced by up to 0.20%, with rates from 5.64%, a £995 fee, and £1,000 cashback.
F1 and F2 JBSP products reduced by up to 0.15%, now from 5.84% with a £995 fee.
F3 and F4 products cut by up to 0.20%, with rates starting from 5.84% and 6.14% respectively.
Tom Jacob, director of product at Foundation Home Loans, said, “With swaps easing recently, we’ve taken the opportunity to strengthen our Residential proposition and deliver a range that remains competitive across every customer type."
"These changes reflect both a desire to support brokers through the remainder of the year and a recognition of how the market is evolving, with growing demand for products that can adapt to more diverse borrower circumstances. By expanding choice and improving rates across multiple residential credit tiers, we’re helping brokers deliver more solutions that meet the reality of today’s borrowing landscape."
“The extension of our Green range to cover all credit tiers is a key milestone for Foundation Home Loans. It underlines our commitment to supporting environmentally-conscious lending while ensuring it remains inclusive and accessible to residential borrowers at every level."
"We know brokers are looking for options that combine competitive pricing with long-term value, and this refresh reinforces our focus on delivering precisely that - a sustainable, specialist, and consistent offering across the residential market.”
