Foundation Home Loans has launched buy-to-let (BTL) special products for short term lets.
The new products include a F1 Special Portfolio Landlord Only five-year fixed rate at 4.39% with an 8% fee. This comes with a loan size of £2m up to 65% loan-to-value (LTV).
In addition, the lender has added a F2 Short Term Let Special two-year fixed rate at 6.09% at 75% LTV with a fee of £1,995 and a five-year equivalent at 5.74% at 75% LTV with a 4% fee.
Elsewhere, Santander has launched a buy-to-let (BTL) remortgage range and will lower rates by 0.15% on all 60%, 65% and 75% LTV fixes.
The lender has also announced that it will withdraw 70% LTV BTL remortgage fixed rates.
Due to market conditions, Santander says it has increased lower LTV fixed rates for FTB, home mover, new build and remortgage by up to 0.13%.
For product transfers, most BTL 60% to 75% LTV fixed rates have been reduced by up to 0.10%.
Meanwhile, Plus residential seven-year fixed rates have increased by up to 0.06%.
Earlier today, Clydesdale Bank announced it is hiking rates on a number of products by up to 25 basis points.
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