TMA Club adds Foundation Home Loans to panel

TMA Club has added Foundation Home Loans to its panel, providing members with instant access to the lender’s range of residential and specialist buy-to-let products.

Foundation’s residential range is designed for so-called “mainstream misses” who have failed a credit score for reasons other than adverse credit. Its buy-to-let offering caters for portfolio landlords, limited companies and those financing houses of multiple occupancies, multi-unit blocks, and short term lets.

Other recent additions to TMA’s panel include Saffron for Intermediaries and Darlington Building Society.

TMA senior product and business manager Rob McCoy says: “TMA’s lender panel is constantly evolving to suit the growing needs of customers and, with the addition of Foundation Home Loans, we continue to broaden the clients we can help. As more and more clients fall within the growing specialist sectors, we want to make finding alternative channels as easy as possible.

“The buy-to-let market has been under the spotlight recently and by offering a diverse range of products to meet a variety of needs, we are providing our advisers with the choice and flexibility they need to help bolster this important sector. This enhancement comes amidst a number of additions we have recently made to our lender panel to ensure we maintain our position at the forefront of the intermediary market.”

Foundation Home Loans commercial director Andrew Ferguson says: “We are delighted to become a part of TMA’s extensive lender panel and look forward to working together to strengthen its position at the forefront of the intermediary market. This new partnership will mean more advisers have access to a wider range of specialist mortgage products – both within the buy to let and residential sectors – which is vital to catering for a more varied mortgage market.”

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