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Foundation Home Loans simplifies BTL proposition

Foundation Home Loans has rejigged its BTL product line in order to simplify and, it says, increase the transparency of its proposition.

None of the products have been changed, rather the way they are structured.

From today, the F1 range contains all products suitable for new landlord clients with a clean credit history and who are looking at less complex properties.

The F2 product range, meanwhile, houses products for existing landlords who wish to finance specialist property types, such as HMOs and short-term lets, and landlords whose credit rating contains minor blips.

On this new structure, Foundation commercial director Andrew Ferguson says: “We recognise 2019 will be a challenging year for brokers advising clients in BTL, and believe our new range is more streamlined and makes it easier for brokers to understand, whilst maintaining our key product points of difference, such as our short term let proposition. Our new structure will support our extensive growth plan this year.”

Director of marketing Jeff Knight adds that some feedback from brokers had been that it wasn’t always obvious what products Foundation offered, so this restructuring is a way of making its specialisations clear and “enhancing our position in the market.”

Earlier this year, Foundation hired Steve Sandiford as its residential mortgages director.


Foundation Home Loans hires residential mortgages director

Foundation Home Loans has appointed Steve Sandiford (pictured) as its residential mortgages director. Sandiford has over 30 years’ experience in the residential and BTL mortgage industry, having previously worked at Dudley Building Society, One Savings Bank and most recently as residential mortgage director at Paragon, where he worked for nearly four years. The responsibilities for […]

Foundation Home Loans updates BTL and resi products

Foundation Home Loans has announced a series of changes across its buy-to-let and residential range of mortgage products. In its residential suite, Foundation now offers five-year fixed rate deals with an LTV of up to 85 per cent that start from 3.49 per cent, and new build flats are now accepted at up to 70 […]

Foundation Home Loans makes new hire

Specialist lender Foundation Home Loans has hired national account manager Paula Priest, previously head of sales at The Mortgage Lender. Her career of more than 20 years in financial services includes regional and national account management roles at Barclays, Nationwide and Birmingham Midshires. In Priest’s new role at Foundation Home Loans she will be responsible […]

Get your New Year off to a flying start

Ross Jackson, Senior Marketing Manager There’s no denying that these days we expect things quickly. You might have noticed it first-hand during the flurry and rush of the Christmas period. The fact is that in a world of smartphones, social media and click and collect, most clients expect to get an instant response and a […]


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