The intermediary-only specialist lender said the limited company product was priced at 3.24%, which is 10 basis points below Foundation’s core limited company range.

It has a reduced 1.5% fee and is available up to 75% LTV with a maximum loan amount of £1 million, and ICR calculated at 125% of pay rate.

The lender welcomes portfolio landlords and has no limit to the background portfolio size for each borrower, subject to a maximum of £3m with Foundation.

Foundation has also made a series of rate cuts across a number of buy-to-let products.

George Gee, commercial director at Foundation Home Loans, said: “There’s no doubting that the Budget announcement on stamp duty has eased a number of worries about purchase completion, but it has also resulted in an increased activity impetus particularly from landlords.

“Landlords continue to seek out properties that can deliver strong yield – hence the focus on HMO and short-term lets – and as a lender active in these areas we want to ensure advisers and their clients have access to a highly competitive range, right across the buy-to-let product space.

“Along with our flexible criteria and our personal service, we believe this current range will be of huge benefit to many advisers and their landlord clients.”