The intermediary-only lender has seen the volume of limited company business in May 2019 increase by 130% compared with May 2018.
The number of limited company applications received last month was also up 104% compared with the same period last year.
In addition, Foundation has launched a five-year fix remortgage product, which is suitable for portfolio landlords, limited companies and individuals.
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The product is available at 3.59% up to 65% LTV and 3.89% up to 75% LTV.
It comes with a flat fee of £2,995, stepped ERCs from 5% down to 1%, free standard valuation and £250 cashback upon completion.
Jeff Knight, director of marketing at Foundation Home Loans (pictured above), said: “Our highly skilled underwriters have a real understanding of complex BTL, and are able to help our intermediary partners with complex BTL, HMOs, multi-unit blocks, limited company and portfolio landlord customers.”
Tony Salentino, director at Complete FS, added: “Foundation has really focused its efforts over the last year on this key area of the market, and the results are there to see.”
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