Foundation Home Loans has launched a new range of buy-to-let fixed-rate specials including a five-year fixed-rate product for portfolio landlords only.

In its F1 range – for landlord borrowers with an almost clean credit history – Foundation is offering a range of new fixed-rates, including a five-year fixed-rate special, available at 5.79% (65% LTV) and 5.89% (75% LTV).

This product comes with a 5% fee, a free valuation and no application fee.

Foundation allows portfolio landlords to have an unlimited number of properties within their total portfolio and its maximum aggregate borrowing on special products is limited to £3m.

Other F1 special products – available to all landlord borrowers – include a two-year fixed-rate mortgage, available at 6.04% (65% LTV) and 6.19% (75% LTV); and five-year fixes at 6.34% (65% LTV) and 6.39% (75% LTV). All come with a 3% fee.

Foundation also has Specials launching in its F2 range – for landlord borrowers financing a more specialist property and/or those with historical blips on their credit rating – of new-fixed rates, including:

Two-year fixed-rate products, available at 6.14% (65% LTV) and 6.29% (75% LTV); and five-year fixed-rates, available at 6.44% (65% LTV) and 6.49% (75% LTV).

HMO Specials – for properties up to six occupants – with the two-year fixed-rate available at 6.24% (65% LTV) and 6.39% (75% LTV); and a five-year fixed-rate available at 6.54% (65% LTV) and 6.59% (75% LTV).

All F2 new special products come with a 3% fee.

Foundation Home Loans director of product and marketing Tom Jacob says: “There has been a considerable growth in the number of portfolio landlords in recent years, and from what we are seeing in the market, they still have a strong appetite to both grow portfolios and to explore remortgage options in order to do this”.