Foundation Home Loans has completed a significant funding transaction worth £550 million, following strong demand from institutional investors across the globe.
The specialist intermediary-only lender announced the completion of its Braccan Mortgage Funding 2025-1 deal on Thursday 15 May, initially targeting £475 million but upsizing the transaction to £550 million in response to appetite from more than 30 investors. Over 10 of those were new to the Braccan platform, which pools mixed collateral, underlining what the firm described as a vote of confidence in both its lending strategy and mortgage origination.
According to the lender, the funds will be used to expand its mortgage proposition, with a continued emphasis on solutions for landlords and homeowners who do not fit the mould of mainstream criteria. These include those with non-standard income, multiple properties, or less conventional financing needs.
Pete Ball (pictured), chief executive officer at Foundation Home Loans, said: “The success of this transaction is a testament to the strength of our business model and the trust that investors place in us. Despite challenging market conditions, we have been able to achieve extremely strong pricing and secure significant new investment.
“This funding will enable us to continue developing our specialist lending proposition to better meet the diverse needs of borrowers and their ever-shifting property-related ambitions.”
The Braccan platform has been a consistent vehicle for Foundation’s capital markets strategy, allowing it to fund mortgage lending while appealing to institutions seeking exposure to the UK housing sector.
