The offering is the 75% LTV 5-year fix, which has been reduced from 3.54% to 3.44%.

It includes a 2% fee, and is available to both individual landlords as well as those using limited companies.

Furthermore, the offering includes a £1m maximum loan size and there is no limit to the borrower’s background portfolio size, subject to a maximum of £3m with the lender.

George Gee, commercial director at Foundation Home Loans, said: “Our five-year products support landlords looking for a more generous loan for their rental income, given that our ICR is calculated at 125% at the pay rate – in this case 3.44% – for limited companies and basic-rate tax-payers, and 145% for other borrowers.

“The next couple of months also represent a real opportunity for advisers given the anticipation that a significant number of borrowers who bought before the stamp duty increase in 2016 will be coming to the end of their deals now.

“This 5-year rate plus our entire buy-to-let range is available for those seeking to remortgage and offers excellent rates and criteria to support landlord clients as they refinance and potentially add to portfolios.”