Foundation Home Loans has cut rates on rates on two of its buy-to-let products alongside the introduction of two new product.

The 75 per cent LTV two-year fixed rate with a 2 per cent fee has been cut from 3.39 per cent to 3.24 per cent and the 75 per cent LTC two-year fix, also with a 2 per cent fee, has seen its rate cut from 3.69 per cent to 3.49 per cent.

The new product introductions consist of a 65 per cent LTV two-year fix at 3.44 per cent and a 75 per cent LTV two-year fix at 3.64 per cent.

Both come with a flat £1,995 fee.

Foundation Home Loans director of marketing Jeff Knight says: “We are seeing a strong demand for our two-year products across the range and are always looking to enhance our competitive position where appropriate.

“At present, we are able to provide excellent levels of service, we have all our sales team working effectively from home and this has translated into a record number of new case enquiries in recent weeks. We would therefore urge advisers with landlord clients to speak to Foundation to see how our growing range of products might be suitable for them.”