Buy to Let by Foundation has launched a fee assisted limited edition product, effective today.

The new product will be available in its F1 tier for clients for an almost clean credit history. It is a five-year fix up to 75% loan-to-value (LTV) with a rate of 5.94% and has a 1% fee.

The limited edition product comes with a free standard valuation and no application fee.

This follows the launch of a limited edition holiday let five-year fixed rate product and new specials covering two- and five-year fixes last month.

Foundation Home Loans director of product and marketing Tom Jacob says: “Fee-assisted options often prove very popular with those landlords who want to both minimise their upfront costs and not necessarily add a significant fee amount to the overall loan.”

“At the same time, with a free standard valuation and no application fee to pay, this is a very competitive total cost and one we’re sure will be popular with those landlords either seeking to purchase or remortgage at this time.”