Foundation Home Loans has announced new fixed-rate residential mortgages at 90% LTV.

Housed within the lender’s F1 range, the two-year fix is set at 4.99% and the five-year at 5.19%, both with zero fee and a maximum loan amount of £500,000.

Further product developments include an 80% LTV two-year fix for purchase and remortgage at 3.49% and, on a five-year fix, 3.69% – both available for loans of up to £750,000 and charging a product fee of £1,295.

At 75% LTV, meanwhile, new two-year fixes start at 2.99% and five-year fixes at 3.19%, with a maximum loan amount of £1m.

As well as this, the lender is offering a new large loan product – set from £500,000 to £2m. This product is available at up to 65% LTV and is set at 2.99% for a five-year fix. A product fee of £1,495 applies.

Foundation commercial director George Gee says: “This new product range is designed to support intermediaries in offering more choice of higher LTV and large loan products to their self-employed clients and those with complex income streams.

“Specialist residential borrowing is likely to grow considerably through 2021 and beyond, and we want advisers to know there is a lender that will fit the bill for the growing number of those clients.”