Foundation cuts rates across five-year BTL products

Foundation Home Loans has announced cuts to rates for three of its five-year buy-to-let (BTL) products, available to both limited company and individual landlord borrowers.

The intermediary-only specialist lender revealed that for landlord borrowers with an almost clean credit history, it has cut its five-year rates on its 65% LTV product to 3.24% from 3.39%, and its 75% LTV product to 3.49% from 3.59%. Foundation has also cut the rate of its large loan, five-year 65% LTV BTL product to 3.14% from 3.29%.

The lender suggested the three enhanced products were some of the most popular in its entire BTL range and would benefit landlords looking to either remortgage or add to portfolios in order to take advantage of the stamp duty holiday.

The reductions follow the lender’s return to offering 80% LTV BTL products last month, and it currently has both a 4.29% two-year fixed rate and a 4.79% five-year fixed rate available.

“Pent-up demand from landlords post-lockdown has now evolved further with their unexpected access to the stamp duty holiday, and these rate cuts should come at a very good time for advisers and their clients seeking either remortgage or purchase finance,” Foundation director of marketing, Jeff Knight, commented.

“These three specific five-year products were already some of our ‘best sellers’ and we are very pleased to be able to reduce rates further in order to support the landlord community, particularly those who utilise limited companies in order to house their portfolio properties.

“We are seeing encouraging signs from the market, and as a lender we remain committed to helping as many landlords as possible to make the most of the opportunities that are currently available.”

    Share Story:

Recent Stories


FREE E-NEWS SIGN UP

Subscribe to our newsletter to receive breaking news and other industry announcements by email.

  Please tick here to confirm you are happy to receive third party promotions from carefully selected partners.


NEW BUILD IN FOCUS - NEW EPISODE OF THE MORTGAGE INSIDER PODCAST, OUT NOW
Figures from the National House-Building Council saw Q1 2025 register a 36% increase in new homes built across the UK compared with the same period last year, representing a striking development for the first-time buyer market. But with the higher cost of building, ongoing planning challenges and new and changing regulations, how sustainable is this growth? And what does it mean for brokers?

The role of the bridging market and technology usage in the industry
Content editor, Dan McGrath, sat down with chief operating officer at Black & White Bridging, Damien Druce, and head of development finance at Empire Global Finance, Pete Williams, to explore the role of the bridging sector, the role of AI across the industry and how the property market has fared in the Labour Government’s first year in office.


Does the North-South divide still exist in the UK housing market?
What do the most expensive parts of the country reveal about shifting demand? And why is the Manchester housing market now outperforming many southern counterparts?



In this episode of the Barclays Mortgage Insider Podcast, host Phil Spencer is joined by Lucian Cook, Head of Research at Savills, and Ross Jones, founder of Home Financial and Evolve Commercial Finance, to explore how regional trends are redefining the UK housing, mortgage and buy-to-let markets.

The new episode of The Mortgage Insider podcast, out now
Regional housing markets now matter more than ever. While London and the Southeast still tend to dominate the headlines from a house price and affordability perspective, much of the growth in rental yields and buyer demand is coming from other parts of the UK.

In this episode of the Barclays Mortgage Insider Podcast, host Phil Spencer is joined by Lucian Cook, Head of Research at Savills, and Ross Jones, founder of Home Financial and Evolve Commercial Finance.