Foundation Home Loans, Market Financial Solutions and ModaMortgages have unveiled updates to their buy to let property finance offerings.
The changes cater to a range of borrowers, from first-time landlords to those managing complex portfolios.
Foundation Home Loans has boosted its BTL product line, raising the maximum loan amount to £3 million for most 65% loan-to-value (LTV) options.
This adjustment targets portfolio landlords and specialist borrowers needing substantial funding.
Buy to let range
Foundation has also relaunched its entire buy to let range, introducing fresh products.
These include the F1 two-year fixed-rate Limited Edition mortgage at 75% LTV, now priced at 5.60% with a 1% fee.
There’s also a new F2 option for specialist properties like HMOs at 5.75% with the same fee.
New five-year Green ABC+ products for energy-efficient properties offer rates from 5.79%, a 1.25% fee, and no application charge, with loans up to £2 million.
Landlord clients
Foundation’s director of product, Tom Jacob, said: “Our goal is to ensure our proposition evolves in line with the needs of our intermediary partners and their landlord clients.
“Increasing the maximum loan size to £3 million on the majority of our lower LTV products is a direct response to broker feedback and market demand.
“Coupled with a complete refresh of our full range of buy to let products, the update reaffirms our focus on delivering flexible, competitive solutions for all types of landlords – from those purchasing in a limited company structure, to those with HMOs, specialist properties, or who live overseas.”
MFS cuts rates
Meanwhile, Market Financial Solutions has cut rates across its bridging and Bridge Fusion ranges, combining short-term loans with longer-term BTL mortgages.
Launched in June 2024, the Bridge Fusion products offer terms of 24-36 months and cover loans up to £20 million for residential, semi-commercial and commercial properties.
The lender also specialises in large, complex bridging loans up to £50 million and BTL mortgages extending to 10 years.
Paresh Raja, the chief executive of Market Financial Solutions, said: “With price reductions across some of our most popular products, I’m sure that brokers will find significant value in these new rates, and we are expecting demand to surge in the weeks ahead.
“As ever, we’ll continue to look for ways to improve our offering and ensure that the unique needs of borrowers and brokers are being met, no matter what challenges the current investment landscape throws at us.”
New product options from ModaMortgages
ModaMortgages has also joined the trend, rolling out new £0 and 3% product fee options for its limited-edition BTL products.
These choices eliminate upfront costs for some landlords or provide varied fee structures, including free valuations and no application fees, with LTVs reaching 75%.
The offerings suit individual investors, limited companies and first-time landlord buyers, enhancing flexibility across two- and five-year fixed rates.
The lender’s group sales director, Darrell Walker, said: “As the home of smarter, faster and simpler buy to let borrowing, we’re constantly monitoring our product offering and proposition to ensure brokers have got the tools they need at their disposal.
“These new £0 and 3% product fee options give them even more choice and flexibility when it comes to supporting their landlord customers.”
Contact one of our highly experienced mortgage advisors today on 0121 500 6316 to discuss your mortgage needs.
