Foundation Home Loans launches lending in Scotland

Foundation Home Loans, the intermediary-only specialist lender, has today announced the expansion of its mortgage offering to borrowers purchasing or remortgaging properties in Scotland.

The product range can be accessed by mortgage intermediaries through Foundation Home Loans’ existing distribution panel with the addition of The Lending Channel which has today joined as a new packager to further support the lender’s broker partners.

Foundation offers a broad range of residential and buy-to-let criteria supporting borrowers with more complex needs and provides product choices for intermediaries with solutions for both the employed and self-employed, professionals, individual and limited company landlords and those seeking ‘greener’ options.

The lender has also appointed a new, dedicated Regional Account Manager, Fiona Robertson, who will be covering Scotland and the North East regions.

George Gee, Commercial Director at Foundation Home Loans, said: “We are very pleased to be announcing our launch into Scotland today, kicking off the new year by expanding our geographic distribution, and welcoming the mortgage intermediaries who are active in Scotland to access our ranges of specialist owner-occupied and buy-to-let mortgages for their clients.

“This is an exciting time for Foundation and we’re looking forward to building new relationships in Scotland, engaging with all stakeholders and providing greater product and criteria options for borrowers.”

Alistair Ewing, Managing Director of The Lending Channel, commented: We are delighted to have been invited to join Foundation’s packager panel in Scotland, providing access to its fantastic products and helping them spearhead their Scottish growth plans. As an experienced packager with a number of other specialist lenders on our panel, this is a great addition for brokers for both buy-to-let and residential products. I would therefore encourage brokers to register now to secure immediate access to Foundation’s mortgages following today’s launch.”