Foundation Home Loans has made rate enhancements for three of its 5-year buy-to-let (BTL) products, available to both limited company and individual landlord borrowers.

In its F1 buy-to-let product range – for landlord borrowers with an almost clean credit history – it has cut 5-year rates on its 65% loan-to-value (LTV) product to 3.24% from 3.39%, and its 75% LTV product to 3.49% from 3.59%. Both products come with a 2% fee.

Foundation has also cut the rate of its large loan, 5-year 65% LTV BTL product to 3.14% from 3.29%; this comes with a minimum loan size of £500k, and a maximum of £2m.

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The rate reductions follow the lender’s recent return to offering 80% LTV buy-to-let products – it currently has both a 4.29% 2-year fixed rate and a 4.79% 5-year fixed rate available.

Jeff Knight, director of marketing at Foundation Home Loans, said: “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.

“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.”