The products are a 75% LTV 2-year fix at 2.99%, and a 75% LTV 2-year fix at 3.34%, for HMOs only.

Both offerings include a 1% fee, a minimum loan value of £200,000 and a maximum of £1m.

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

George Gee, commercial director at Foundation Home Loans, said: “Over the past five years, a consistent two in ten landlords have utilised limited companies to purchase further properties in their portfolio, and we anticipate this cohort will be highly active in 2021.

“It’s therefore important that intermediaries can access price-competitive limited company products and specialist criteria, so we are cutting rates and fees on these 2-year fixed-rate products to provide greater choice specifically for refinancing or purchasing within a limited company structure.

“2021 is shaping up to deliver a high-demand private rental sector, and landlords are already responding by looking for property opportunities.

“These products should support those landlords using their limited company structures to develop their own property-owning footprint further.”