Foundation Home Loans has reduced selected rates on its buy-to-let (BTL) and residential special ranges by up to 0.10%.

The lender has added to its BTL range with an F1 limited edition five-year fix product up to 75% loan-to-value (LTV) with a fee of £4,995 and a rate of 5.44%. The minimum loan size for this product is £200,000.

It has also added an F1 two-year fixed special available with a rate of 4.79% up to 65% LTV and 4.99% up to 75% LTV, both with a 4% fee.

Rates have also been reduced within the BTL range:

F1 five-year fix special portfolio landlord only rates reduced by up to 0.10% with rates now starting from 4.89% with a 6% fee F1 five-year fix assisted special portfolio landlord only rates reduced by up to 0.10% with rates now starting from 5.09% with a 5% fee

Meanwhile, Foundation has lowered rates on its residential range.

These changes include the F1 fee assisted two-year fix, which has been reduced by 0.10% to 6.79% and the F2 fee assisted two-year fix, which has been cut by 0.10% to 6.89%.

Both of these products are available up to 65% LTV with a fee of £795.

Foundation Home Loans director of product and marketing Tom Jacob says: “We are continuing to review our product offering across all of our lending brands, and are pleased to be offering these new two- and five-year BTL options in our Core range, both available up to 75% LTV, with differing fee structures.”

“At the same time we can also cut pricing on our five-year fixes for Portfolio Landlords, plus are able to cut rates for both F1 and F2 specialist residential borrowers.”