The specialist mortgage lender will now offer five-year fixed rate options starting at 3.59% to new landlords.
Early repayment charges for two-year fixed rate deals have also been reduced to 3% and 2%.
Jeff Knight, marketing director at Foundation Home Loans, said: “Deciding to become a landlord for the first time can be daunting, so in an industry increasingly focused on portfolio landlords it’s important not to forget those just starting out.
“Our approach aims to cater to all borrowers – whatever their portfolio size – but we are pleased to be able to offer first-time landlords more options.”
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