Foundation Home Loans refreshes Buy to Let range with major rate reductions across specialist property type products

13 May 2025

Foundation Home Loans, the intermediary-only specialist lender, has today (Tuesday 13th May) has today unveiled a refreshed Buy to Let product range with rate reductions across a number of specialist property types.

Foundation said the update underlined its continued commitment to delivering competitive pricing and tailored criteria to support all types of landlords – from those purchasing in limited company structures to those with complex property needs or who live overseas.

Among the changes are cuts of up to 0.55% across products designed for properties that fall outside standard criteria, including Houses in Multiple Occupation (HMOs), Multi Unit Freehold Blocks (MUFBs), Short Term Lets, and Expat borrowing.

The updates apply across both core and specialist ranges and cater to a variety of borrower profiles:

Limited Edition HMO five-year fixed rate at 75% LTV reduced by 0.20% to 5.64%; it comes with a £2,995 fee and a minimum loan size of £150k.
Standard HMO two- and five-year fixed rates, up to 75% LTV reduced by up to 0.40%, with rates starting from 5.74% (2% fee).
MUFB two- and five-year fixed-rates, up to 75% LTV cut by up to 0.55%, now from 5.84% (2% fee).
Short Term Let two- and five-year fixed-rates at 75% LTV reduced by up to 0.35%, with rates now starting from 6.19% (2% fee).
Expat two- and five-year fixed-rates at 75% LTV reduced by up to 0.45%, now starting from 5.89%.
Core F1 - for clients with an almost clean credit history - and F2 – for those financing a more specialist property type and/or with some historical blips on their credit rating - two- and five-year fixed-rates up to 80% LTV reduced by up to 0.35%, with rates now starting from 5.49%.

In addition, within Foundation’s Buy to Let Specials range the lender has refreshed the following:

F1 two- and five-year fixed-rates at 65% and 75% LTV, reduced by up to 0.15%, with rates from 4.09% (4% fee).
Portfolio Landlord five-year fixed-rates, both 65% and 75% LTV, now starting from 4.79%.
HMO two-year fixed-rate at 75% LTV reduced by 0.10%, now starting at 4.64% (4% fee).
MUFB five-year fixed-rate at 75% LTV, reduced by 0.10%, now from 5.49% (4% fee).

These reductions follow Foundation’s introduction of both Property Plus and HMO Plus product ranges, both designed for properties that fall outside of standard lending criteria, such as those with multiple kitchens, smaller unit sizes, or non-standard construction types

Alongside these rate reductions, Foundation also emphasised the strength of its current service proposition for advisers, with turnaround times, including:

Broker desk calls answered in 30 seconds.
DIP referrals reviewed within one day.
Full mortgage application reviews within one day.
Underwriter reviews completed in one day.

Tom Jacob, Director of Product and Proposition at Foundation Home Loans, said:

“This latest refresh demonstrates the breadth and depth of our commitment to the specialist Buy to Let sector. By significantly reducing rates across property types such as HMOs, MUFBs, Short Term Lets, and for expat borrowers, we’re giving advisers even more tools to meet the unique and varied needs of their landlord clients. Whether it’s an experienced portfolio landlord or someone entering the market with a non-standard property, our range is built to support them with tailored solutions and competitive pricing.

“We’ve also kept a sharp focus on service, because we understand that in specialist lending, time matters. Our average turnaround times, including DIP decisions, case reviews and underwriter assessments are all within one working day meaning advisers can rely on us not only for a comprehensive product offering, but for consistent speed and support from start to finish.”

For more information on Foundation’s Buy to Let product range please visit: www.foundationforintermediaries.co.uk