Lenders boost buy to let choice with new fixed fee and green deals

Foundation Home Loans and Accord Mortgages have both announced enhancements to their buy to let offerings, widening options for landlords and brokers seeking flexible, competitive funding solutions.

Foundation has rolled out a new select fixed fee range across its F1 and F2 tiers, featuring three five-year fixed-rate products aimed at borrowers with clean or specialist credit profiles.

The line-up includes a 5.49% five-year fix on its F1 range with a £4,995 fee, a 5.64% HMO product with a £7,995 fee and a 5.74% MUFB option, also with a £7,995 fee.

All three products are available up to 75% LTV with a minimum loan size of £300,000.

Green BTL offer

In addition, Foundation has introduced a green five-year fix within its short-term let range which is priced at 6.09% and available up to 75% LTV.

The product carries a 1.25% fee and £500 cashback, exclusively for properties with an EPC rating between A and C.

The lender says these updates are designed to meet the growing demand for specialist products, particularly among landlords managing HMOs, MUFBs and short-term lets.

It follows recent rate cuts across Foundation’s core and limited-edition holiday let ranges.

The lender’s director of product, Tom Jacob, said: “The new select fixed fee products have been designed to deliver even greater flexibility across some of our most popular product ranges, while the introduction of a green short term let option reflects our ongoing commitment to supporting landlords investing in energy-efficient property.”

Accord refreshes BTL range

Accord Mortgages has also refreshed its buy to let range, with rates now starting from 4.05% on two-year deals up to 75% LTV and from 4.27% on five-year products.

For landlords purchasing houses, Accord is offering a five-year fixed rate at 60% LTV at 4.17% with a £1,995 fee and free standard valuation.

Remortgage customers can access a two-year fix up to 75% LTV at 4.35% with a £995 fee, free valuation and remortgage legal service, or a five-year fix at 60% LTV priced at 4.27% on similar terms.

Accord’s product manager, Aidan Smith, said: “We’re always keen to pass on additional value to our brokers and their clients – whether they are looking to buy a home, remortgaging or funding a buy to let property, and so we’re really pleased to have been able to launch this range offering cheaper rates across many products.”

Accord wins plaudits

Accord’s but to let offering is also being highlighted this week by Moneyfactscompare.co.uk with one product earning its ‘Pick of the Week’.

Caitlyn Eastell, a spokesperson for the platform, said: “Accord Mortgages has made rate reductions of up to 0.04% to a selection of its fixed rates for landlords.

“The two-year option at 60% loan-to-value deal has seen a smaller 0.03% cut and now charges 4.15% via selected intermediaries until 31 January 2028.

“Borrowers searching for a competitive rate and incentive package may find this an appealing choice as the deal offers a free valuation and £250 cashback incentive, and borrowers can also add the £995 product fee to the advance of the mortgage.”

She added: “Overall, this product earns an Excellent Moneyfacts product rating.”

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