"These latest enhancements reaffirm our ongoing commitment to supporting brokers and landlords with competitive, flexible, and transparent specialist lending solutions"
- Tom Jacob - Foundation Home Loans
Intermediary-only specialist lender, Foundation Home Loans has announced that it has reduced rates across its core and limited edition holiday let products.
Effective immediately, the lender has cut its two- and five-year fixed rate core holiday let products by 0.10%. Pricing now starts at 6.24% for a five-year fix and 6.54% for a two-year fix, both up to 75% LTV.
The limited edition five-year fixed rate holiday let product has also been reduced by 0.10%, now starting at 5.99% up to 75% LTV. It also features a revised fee structure, moving from 2.5% to a flat fee of £7,995, with a minimum loan size of £250,000. These changes are aimed at brokers working with landlords in higher-value markets, where larger loans are more common.
The updates reinforce Foundation Home Loans’ commitment to supporting the specialist property sector, particularly in the growing short-stay market. Its holiday let products are available to individual and limited company landlords, and allow verified holiday rental income to be considered in affordability assessments, which remains a key differentiator.
The lender’s criteria accommodate a broad range of borrowers, including portfolio landlords, first-time landlords, and those financing complex or higher-value properties. Its manual underwriting approach, supported by expert case assessment, provides brokers with consistent, practical decisions across a wide variety of buy-to-let scenarios.
Tom Jacob, 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.”
