SimplyBiz Mortgages adds FHL to panel

Published on

Foundation Home Loans has joined SimplyBiz Mortgages’ lender panel.

SimplyBiz Mortgages members will have direct access to Foundation’s residential and buy-to-let ranges. For buy-to-let, members will have criteria opportunities for a range of landlord clients, from first time landlords through to experienced landlords with large portfolios. This includes opportunities in limited companies and those mortgaging an HMO or multi-unit let.

For portfolio landlords, Foundation takes a pragmatic approach; for residential cases, opportunities exist for clients with minor blips on their credit rating.

Martin Reynolds (pictured), CEO of SimplyBiz Mortgages, said: “Both the buy-to-let and residential market are changing and the ‘standard customer’ rarely exists. The addition of Foundation to our panel provides our members with increased opportunities to help their clients. The niche markets are still underserved, but Foundation is helping to increase choice.”

Andrew Ferguson, commercial director at Foundation Home Loans, added: “Working with SimplyBiz Mortgages will enable us to extend our reach within the directly authorised market where we see real opportunities. Offering compliance support as part of their proposition adds the extra level of comfort when dealing with their members.”

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

Latest articles

The Market Harborough reaches £1m community funding milestone

Market Harborough Building Society said it has committed £1 million to community causes over...

Accord publishes broker guide on recognising economic abuse in mortgage cases

Accord has published a new guide for mortgage brokers on how to identify and...

CHL completes £5m portfolio refinance as lender navigates time-sensitive case

CHL Mortgages has completed a £5 million refinance across 10 buy-to-let properties in south...

The 4.3 million borrowers your pipeline is probably missing

There are 4.3 million self-employed workers in the UK and nearly one in five...

Mortgage industry bodies launch new ED&I survey

AMI and IMLA have launched a new industry-wide survey aimed at measuring progress on...

Latest publication

Other news

The Market Harborough reaches £1m community funding milestone

Market Harborough Building Society said it has committed £1 million to community causes over...

Accord publishes broker guide on recognising economic abuse in mortgage cases

Accord has published a new guide for mortgage brokers on how to identify and...

CHL completes £5m portfolio refinance as lender navigates time-sensitive case

CHL Mortgages has completed a £5 million refinance across 10 buy-to-let properties in south...