Foundation Home Loans has announced the launch of its Property Plus and HMO Plus range, products for landlords investing in properties that do not meet traditional lending criteria.

The Property Plus and HMO Plus product range includes two- and five-year fixed rate Property Plus products, starting from 6.99% up to 75% LTV with a 2% product fee.

And two- and five-year fixed rate HMO Plus products, starting from 7.09% up to 75% LTV with a 2% product fee

Alongside these additions, Foundation has also cut rates by up to 0.25% across key areas of its buy to let range. This includes multiple properties on One Title rates reduced by 0.10%, now starting from 6.89% with a 2.50% product fee

Semi Commercial Property rates reduced by up to 0.15%, with rates now starting from 7.34% with a 3% product fee

Reduced rates on other selected products of up to 0.25%

Commenting on the launches Foundation Home Loans director of product and proposition Tom Jacob said:  “Expanding financing options for landlords with complex property types remains a key priority for Foundation Home Loans. The launch of Property Plus and HMO Plus is designed to support those who may have faced restrictions under traditional valuation and underwriting criteria in the past.”