Looking to expand your property portfolio or refinance existing buy-to-let mortgages? Foundation Home Loans has just announced rate cuts that could save you money!

BTL Boost: New Products and Lower Rates

Foundation has added some new options to their buy-to-let (BTL) range, including:

• A Limited Edition Five-Year Fix: This product comes with a 5.44% interest rate for loans up to 75% of the property value (LTV). The minimum loan size is £200,000 and there’s a £4,995 fee attached.
• A Two-Year Fixed Special: Pick between rates of 4.79% (up to 65% LTV) or 4.99% (up to 75% LTV). Both options come with a 4% fee.

Existing BTL Mortgages also Benefit

Foundation is also slashing rates on existing products for landlords. Here’s what they’ve done:

• F1 Five-Year Fix Special Portfolio Landlord Only: Rates have been cut 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 have also been reduced by up to 0.10%, with rates now starting from 5.09% (with a 5% fee).

Residential Rates Down Too

It’s not just BTL borrowers who are getting a helping hand. Foundation has also reduced rates on its residential range, including:

• F1 Fee Assisted Two-Year Fix: This rate has been cut by 0.10% to 6.79%.
• F2 Fee Assisted Two-Year Fix: This rate has also been slashed by 0.10% to 6.89%.

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