Foundation Home Loans launches Property Plus and HMO Plus
11 February 2025
Foundation Home Loans, the intermediary-only specialist lender, has today (Tuesday 11th February) announced the launch of its Property Plus and HMO Plus range.
This expansion further strengthens Foundation’s buy to let proposition, offering more solutions for landlords with properties that do not meet traditional lending criteria.
Supported by a tailored underwriting process, Foundation now consider HMOs and a broader range of commercial premises, including flats above shops, locations near business units, investor-only areas, and those affected by postcode concentration rules.
The Property Plus and HMO Plus product range includes:
- Two- and five-year fixed rate Property Plus products, starting from 6.99% up to 75% LTV with a 2% product fee
- Two- and five-year fixed rate HMO Plus products, starting from 7.09% up to 75% LTV with a 2% product fee
Alongside these additions, Foundation has also cut rates by up to 0.25% across key areas of its buy to let range, reinforcing its commitment to providing innovative and competitive solutions for complex cases. This includes:
- Multiple Properties on One Title rates reduced by 0.10%, now starting from 6.89% with a 2.50% product fee
- Semi Commercial Property rates reduced by up to 0.15%, with rates now starting from 7.34% with a 3% product fee
- Reduced rates on other selected products of up to 0.25%
Tom Jacob, Director of Product and Proposition at Foundation Home Loans, said:
“Expanding financing options for landlords with complex property types remains a key priority for Foundation Home Loans. The launch of Property Plus and HMO Plus is designed to support those who may have faced restrictions under traditional valuation and underwriting criteria in the past.
“These latest additions and enhancements reaffirm our commitment to supporting our intermediary partners with specialist products tailored to meet real-world buy to let lending needs, whether for first-time investors or experienced portfolio landlords, while ensuring they have the tools and flexibility to secure the right solutions for their clients.”
For more information on Foundation Home Loans, please visit: www.foundationforintermediaries.co.uk
