"These latest additions are about making sure brokers have the right options available, whether they are placing standard buy-to-let business or working across more specialist areas such as HMOs, MUFBs or holiday lets"
- Grant Hendry - Foundation
Intermediary-only specialist lender, Foundation, has expanded its buy-to-let mortgage rates with a new set of products spanning green, HMO, multi-unit freehold block, holiday let and expat categories. The move reflects continued demand from landlord borrowers for greater choice, particularly across more specialist property types and borrower profiles.
The headline addition is a new Green Standard HMO product, priced at 5.59% with a 4% fee. Available on properties with an A-C EPC rating, it carries £500 cashback and no application fee.
Two new five-year fixed-rate options have also been introduced for more complex cases. The MUFB product is priced at 6.24% and the holiday let at 6.34%, both with a flat fee of £4,995. Foundation said these products are aimed at landlords financing larger loans on more complex property types.
Within its expat range, Foundation has launched a new two-year fixed-rate product at 6.34% with a 1.5% fee. For its F1 tier, designed for clients with a near-clean credit history, the lender has added a Green five-year fixed rate at 5.49% with a 5% fee. That product also comes with a free valuation and no application fee, again limited to A-C rated properties.
The latest additions follow new specialist products covering large HMOs and short-term lets, released the previous week, alongside rate reductions across selected buy-to-let products.
"In the current market, brokers need a lender that can offer both consistency and breadth of product, particularly as landlord cases become more varied and often more complex," said Grant Hendry, director of sales at Foundation.
"These latest additions are about making sure brokers have the right options available, whether they are placing standard buy-to-let business or working across more specialist areas such as HMOs, MUFBs or holiday lets."
"We're also seeing continued interest in expat borrowing, and it's important we keep that range competitive while still reflecting wider market movements. At the same time, the introduction of new Green products is another step in supporting landlords who have improved existing properties or are targeting more energy-efficient investments from the outset."
"Ultimately, this is about giving brokers clarity and choice. In a market that can move quickly, having a lender that sets out its proposition clearly and maintains a strong spread of products can make a real difference to how efficiently brokers are able to place cases and deliver for their clients."
