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Foundation targets holiday let investors with mortgage products

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UK: Foundation Home Loans has introduced buy-to-let mortgage products, including updated options for holiday let investors.

The lender has launched limited edition fixed-rate deals across its F1, HMO and holiday let ranges, following a recent easing in swap rates.

Within its holiday let offering, new two- and five-year fixed-rate products are available at 6.04 per cent and 6.34 per cent respectively, both with a ÂŁ3,995 fee.

The wider update also includes new products for landlords with near-prime credit histories and for houses in multiple occupation (HMOs).

Grant Hendry, director of sales at Foundation Home Loans, said the launch is aimed at providing more competitive options across a range of property types.

The update comes as lenders respond to shifting market conditions and ongoing demand from landlords investing in alternative property sectors, including short-term and holiday lets.

Highlights:

  • Foundation Home Loans launches new mortgage products across BTL ranges
  • Holiday let rates start from 6.04 per cent for two-year fixes
  • Five-year holiday let products priced at 6.34 per cent
  • Products follow recent easing in swap rates
  • Reflects continued demand for specialist and STR-focused lending

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