At Foundation, we know that many properties fall outside standard lending criteria. That’s why Property Plus supports cases such as flats above or adjacent to commercial premises, as well as investor-led properties. These property types can offer landlords attractive rental yields and portfolio diversification opportunities but can often prove more difficult to finance through mainstream lending routes.
Alongside Property Plus, our Short Term Let Plus products also benefits from the enhancements and will be particularly valuable for landlords operating in the growing short-term let market, where property characteristics or location can sometimes create additional challenges when securing finance despite strong demand and investment potential.
The refreshed Property Plus product range includes:
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S2 2-year fixed at 6.39%, 75% LTV with a 2% fee
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S2 5-year fixed at 6.49%, 75% LTV with a 2% fee
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New S2 5-year fixed Limited Edition at 6.59%, 75% LTV with a 1% fee, free valuation and no application fee
We believe our Limited-Edition product will be particularly attractive to landlord borrowers, combining a lower fee structure with both a free valuation and no application fee, helping to reduce the overall cost of securing finance and leaving more capital available for investment purposes.
The proposition has been reintroduced following work with valuation partners Connells and e.surv, alongside our Credit Risk team, both to reduce costs for landlords and to give more certainty around valuations on the more specialist property types that can be considered through Property Plus.
Grant Hendry, Director of Sales at Foundation, commented:
"The specialist buy to let market continues to evolve and landlords are increasingly looking beyond traditional property types in order to achieve their investment objectives. However, many of these properties can present challenges when placed with mainstream lenders, often resulting in declined applications or nil valuations despite having strong underlying investment fundamentals.
"Property Plus was specifically created to address that gap and these latest enhancements make the proposition even more accessible. By introducing reduced valuation costs , improving certainty within the application process and working closely with Connells and e.surv to broaden valuation capabilities, we have removed a number of the barriers that can prevent these cases from progressing.
"Ultimately, this is about giving brokers more options, helping landlords access funding for suitable specialist properties at a lower cost and ensuring good cases are not lost unnecessarily because they fall outside traditional lending criteria."
Ben Leroy, Client Services Director at Connells said:
"We're genuinely excited to be partnering with Foundation on their innovative Property Plus proposition - unlocking new opportunities for landlords and enabling purchases that might previously have fallen outside the scope of traditional lending."
Eloise Hall, Strategic Relationship Director at e.surv said:
“Foundation’s Property Plus proposition reflects the direction the market is moving, towards more flexible lending that better supports real customer scenarios. We’re excited to support this with our data-driven valuation approach and property risk expertise, helping turn new opportunities into confident lending decisions brokers can rely on. We are proud to strengthen our partnership with Foundation and play a key role in bringing this proposition to life and supporting its success in the market.”
