Foundation has launched several new buy-to-let (BTL) products, available from today.
The lender is adding a new BTL F1 limited edition two-year fixed rate product at 75% loan-to-value (LTV) with a 1% fee and a 5.40% rate.
It has also introduced a new limited-edition, two-year, fixed-rate BTL HMO product at a 75% LTV with a 1% fee and a 5.55% rate.
Two- and five-year fixed options have been reintroduced for large healthcare organizations, MPOTs and mixed-use properties.
In addition to these new products, Foundation increased rates on selected products by up to 0.20% for BTL and 0.10% for residential.
Vida has also announced that it has reintroduced a streamlined range of residential and buy-to-let products across multiple loan-to-values (LTVs).
The lender said: “We chose to withdraw our full range of new products so that we could quickly respond to the sharp market movements we have seen in recent days.”
“By intervening early, you ensured you continue to receive the high level of service you deserve and allowed us to relaunch products built to deliver real value to your customers.”
The new products are available from today.
Elsewhere, Leeds Building Society has made changes to its range of new loans and existing customer mortgages.
The changes relate to new mortgage applications, new rate change applications and new additional loan applications.
For new customers, rates have increased on selected BTL, fixed affordable housing rates, fixed interest rates and fixed pension interest rates.
The end dates for products with only interest and pension interest have also been extended until June.
Leeds has also withdrawn selected fixed BTL and portfolio BTL rates, as well as selected residential fixed rates.
For existing customers, fixed rates on selected BTL, affordable housing, residential, interest-only interest rates and fixed pension interest rates have all increased.
In addition, the end dates for homes, interest-only products and pension products have been extended until June.