Foundation adds fixed fee and green short let options Mortgage Finance Gazette

Img

Foundation Home Loans has launched new fixed-fee buy-to-let products and a short-term let deal for energy-efficient homes.

The lender has added several new five-year fixed rate products to its F1 and F2 tiers.

F1 deals are for clients with an almost clean credit history, while F2 products are for borrowers financing specialist types of property or those with some historical blips on their credit files.

In the F1 range, it has launched a five-year fixed at 5.49% with a £4,995 fee, available up to 75% loan-to-value.

In the F2 range, for houses in multiple occupation (HMOs) it has launched a five-year fixed at 5.64% with a £7,995 fee, available up to 75% LTV.

Also in the F2 range, for multi-unit freehold blocks (MUFBs), it has brought out a five-year fixed at 5.74% with a £7,995 fee, available up to 75% LTV.

All products have a minimum loan size of £300,000.

In addition to these, Foundation has launched a new green short-term let product fixed for five years at 6.09%, available up to 75% LTV, with a 1.25% fee and £500 cashback.

The product is only available on properties with an energy performance certificate rating of A to C.

Foundation Home Loans director of product Tom Jacob (pictured) says: “We continue to evolve our buy-to-let range in response to what brokers and their landlord clients are telling us.

“The new select fixed fee products have been designed to deliver even greater flexibility across some of our most popular product ranges, while the introduction of a green short-term let option reflects our ongoing commitment to supporting landlords investing in energy-efficient property.

“As we approach the end of 2025, our focus remains on maintaining strong broker relationships and ensuring our products continue to meet the needs of a specialist market that values choice, consistency and common-sense lending.”