‘The ‘Buy to Let’ and ‘Residential’ brands of Foundation Home Loans have launched limited edition products.

‘Buy to Let by Foundation’ has launched a new F2 limited edition holiday let five-year fixed-rate product, which is for clients financing a more specialist property type.

The new product is available up to 75% loan-to-value (LTV), has a rate of 6.24% and comes with a 2.25% fee.

This new product follows ‘Buy to Let by Foundation’s’ relaunch last week of a range of specials with updated rates.

Meanwhile, ‘Residential by Foundation’, has launched a F1 limited edition remortgage-only two- and five-year fixed-rate products, which is for those borrowers with historical credit blips.

This is available up to 65% LTV and has rates starting from 5.99%. It also comes with a fixed £595 fee.

Foundation Home Loans director of product and marketing Tom Jacobs says: “Diversification of portfolios has continued to be a key priority for many landlord borrowers, particularly in areas such as holiday lets so we’re pleased to be launching a new Limited Edition product in this space which should help those seeking to either purchase or remortgage property for this purpose.”

“Also, as we know, there is a significant number of mortgages due for maturity not just over the course of the rest of 2024 but also throughout 2025. These new Limited Edition Remortgage-Only products will suit those borrowers who are coming to the end of their current deals and, for whatever reason, just miss out on the mainstream.”

“They will benefit from these fee-assisted options for both two- and five-year fixes and provide advisers with further specialist mortgage products to deliver positive outcomes for their clients.”