The Bracknell-based lender said figures for October and November showed that 3% of its DIPS were limited company products.
However, this figure jumped to 28% in December and in January it reached 62%.
Simon Bayley, Commercial Director, said it was only a matter of time before brokers and their clients saw the benefit of this type of product.
He said: “I think we will see this become a significant tool for landlords depending on their circumstances.
“Purchases will be the main focus, but it remains to be seen about the take up of this product for those wishing to place existing portfolios with an SPV (special purpose vehicle).
“Enterprising advisers will already be talking to existing landlord clients with portfolios to look at the implications of moving to a limited company structure.
“For landlords with more complex portfolios, those conversations will undoubtedly need to include other professional advisers such as accountants and solicitors.”
Last week, Foundation Home Loans announced the recruitment of a new marketing manager.
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