Foundation Home Loans has revealed a sizeable increase in recruitment across its underwriting, new business and sales teams.

This month, seven new experienced underwriters have been employed, and over the past few months a number of new underwriting assistants, processing team members and completions staff have joined.

Since September last year, Foundation’s new business team numbers have grown by 45%, with many staff remotely recruited and working across the UK, which has been advocated by Foundation since 2018. 

The sales team has also seen a number of new starters and promotions for existing staff. In January the lender brought two new Internal BDMs (IBDMs) on board and a new sales support team member, while two IBDMs have been promoted to the role of regional account managers (RAMs).

David Wheatley (London) and Patrick Ogrigri (South Central) have been promoted to RAMs and will be looking after intermediaries in those regions.

In January, Sarah Wade was also promoted to head of marketing.

The new recruitment means that, by the end of January, total headcount at Foundation will be up 17% versus the same point last year.

Earlier this month, Foundation announced a refresh of its entire range of specialist buy-to-let and residential products.

George Gee, commercial director at Foundation Home Loans, said: “Ensuring we have all the resources required within the business in order to support our adviser partners, and to help us move forward as a lender, has been a key focus over the last few months, and we’ll continue to recruit and promote as required across all teams. 

“The next couple of months will undoubtedly be busy from a completions perspective as we work to ensure as many cases as possible can complete before the stamp duty deadline, but we certainly don’t view this as a temporary arrangement.

“Overall, and even with the difficult circumstances brought about by the pandemic, Foundation has the resources and operation to support advisers and their clients, and we are constantly reviewing how we work to ensure the best possible service and experience for all who use us.”