Foundation Home Loans has launched two fee-assisted limited edition residential products.

The two products will be available as part of Foundation’s F1 product range for borrowers with an almost clean credit history.

The fixed-rate products, both offered up to 65% loan-to-value (LTV), come with rates of 4.74% for the two-year, and 4.99% for the five-year.

The products also benefit from one free standard valuation, no application fee and a £795 product fee.

They will be available for owner-occupiers looking to purchase or remortgage, on either a capital and interest or interest-only basis for loans up to a maximum of £2m.

The lender says it is currently working on a one-day service turnaround for reviewing new residential applications.

Foundation Home Loans managing director George Gee says: “Following the launch last week of a Limited Edition buy-to-let product, we are following it up this week with the launch of two new residential fee assisted limited edition 65% LTV products within our F1 range for owner-occupiers.”

“Specialist residential lending is showing strong demand at the moment and we believe these competitively-priced options, coupled with our excellent service standards, will make them attractive to our intermediary partners.”