TMA adds Foundation Home Loans to its lender panel

By Bridging Loan Directory 12th October 2018

TMA Club has today announced that it is has added Foundation Home Loans to its range of lenders. The move will provide members with instant access to the dedicated intermediary channel, offering a wide spectrum of residential and specialist buy to let products.

Foundation Home Loans is a specialist mortgage lender, offer buy to let and residential products. Its residential range is designed for those ‘mainstream misses’ – who have failed a credit score for reasons other than adverse credit. Its buy to let offering caters for a range of clients including portfolio landlords, limited companies and those financing houses of multiple occupancies (HMOs) or multi-unit blocks (MUB) and most recently, short term lets.

This latest addition is a reflection of TMA’s rapid growth over the second half of the year and will join other recent enhancement to its lender panel, alongside Saffron for Intermediaries and Darlington Building Society.

Rob McCoy, pictured, Senior Product & Business Manager at TMA, commented:

“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.”

Andrew Ferguson, Commercial Director at Foundation Home Loans, commented:

“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.”