Foundation Home Loans has expanded its green buy-to-let product range to specialist property types, including short-term lets and standard houses in multiple occupation.

The broker-only specialist lender says advisers can access its ABC+ Green mortgage for landlords looking to purchase or remortgage these specialist properties that have energy performance certificate ratings of A to C.

The ABC+ Green HMO product, for up to six occupants, has rates that start from 3.44% for 75% loan to value, on a F2 five-year fixed rate, with a 0.75% fee.

The ABC+ Green Short-term let offer has rates that start from 3.94% for 75% LTV, again on a F2 five-year fixed rate, also with a 0.75% fee. Both allow a maximum loan size of £1m.

The lender says its rates are tiered depending on the EPC rating of the property, with those graded at A securing the most competitive rate.

The products also allow early remortgaging for those landlords who purchase a property, upgrade it using bridging finance and are then seeking to move to a standard BTL deal.

It adds both products carry a tiered cashback payment of up to £750 on completion of the mortgage.

Foundation Home Loans managing director George Gee says: “Following our initial launch of our Green Reward mortgage range last year, we are keen to ensure we remain at the cutting edge of product design and activity in this space.

“To that end, and to show our further commitment to support the ‘green agenda’, we are launching these ABC+ products for landlords seeking to purchase or remortgage specialist product types such as short-term lets and standard HMOs. These products mirror our Green ABC+ range for standard BTL properties, providing tiered rates and cashback depending on the EPC level.”