Foundation Home Loans has announced it is partnering with Brilliant Solutions’ Mortgage Club.
Members of Brilliant Solutions will be able to access Foundation’s range of specialist BTL products, including its solutions for portfolio and limited company applicants.
Foundation’s range of BTL criteria currently includes 80% LTV for those purchasing or refinancing through a limited company, an ICR of 125% of the pay rate for five-year fixed rates, no maximum client age, acceptance of newly incorporated limited companies, and a maximum loan size of £1.5m.
Foundation also offers a specialist residential range offering mortgages to those clients who have been turned down by high-street lenders.
Foundation director of marketing, Jeff Knight, said: “Brilliant Solutions has a reputation for quality and we’re aware they are growing their resources and proposition in order to support their advisers.
“By working together, we can ensure their members have access to our excellent specialist BTL products and services and our BDM team is looking forward to engaging with all Brilliant Solutions’ firms to ensure we can support their advice propositions.”
Brilliant Solutions offers a direct-to-lender submission service for members backed by a broad range of supporting and complimentary services – including access to specialist mortgage expertise and lenders like Foundation. It also offers lending solutions for brokers in other sectors, such as bridging finance, secured loans, residential and commercial mortgages, as well as debt solutions.
Brilliant Solutions managing director, Matthew Arena, commented: “Adding a quality lender like Foundation to our proposition is great news for us at the mortgage club and our member firms.
“The nature of the BTL sector means that advisers and their landlord clients need lenders who fully understand the market and offer products, not just for individuals, but the increasing number of landlords using limited company vehicles.
“We fully anticipate further growth in the sector for the rest of the year and beyond, and we’ll be working closely with the Foundation team to help our members get the most out of this growth.”
Latest News
-
Average price of new property on market climbs 0.3%
-
Chancellor revives ISA allowance reforms
-
FCA calls on banks to improve romance fraud prevention
-
Titan Wealth agrees acquisition of Blacktower Group
-
GDP increases by 0.3% in three months to August
-
SIPP withdrawal requests jump 33% ahead of Autumn Budget
NEW BUILD IN FOCUS - NEW EPISODE OF THE MORTGAGE INSIDER PODCAST, OUT NOW
Figures from the National House-Building Council saw Q1 2025 register a 36% increase in new homes built across the UK compared with the same period last year, representing a striking development for the first-time buyer market. But with the higher cost of building, ongoing planning challenges and new and changing regulations, how sustainable is this growth? And what does it mean for brokers?
The role of the bridging market and technology usage in the industry
Content editor, Dan McGrath, sat down with chief operating officer at Black & White Bridging, Damien Druce, and head of development finance at Empire Global Finance, Pete Williams, to explore the role of the bridging sector, the role of AI across the industry and how the property market has fared in the Labour Government’s first year in office.
Does the North-South divide still exist in the UK housing market?
What do the most expensive parts of the country reveal about shifting demand? And why is the Manchester housing market now outperforming many southern counterparts?
In this episode of the Barclays Mortgage Insider Podcast, host Phil Spencer is joined by Lucian Cook, Head of Research at Savills, and Ross Jones, founder of Home Financial and Evolve Commercial Finance, to explore how regional trends are redefining the UK housing, mortgage and buy-to-let markets.
In this episode of the Barclays Mortgage Insider Podcast, host Phil Spencer is joined by Lucian Cook, Head of Research at Savills, and Ross Jones, founder of Home Financial and Evolve Commercial Finance, to explore how regional trends are redefining the UK housing, mortgage and buy-to-let markets.
The new episode of The Mortgage Insider podcast, out now
Regional housing markets now matter more than ever. While London and the Southeast still tend to dominate the headlines from a house price and affordability perspective, much of the growth in rental yields and buyer demand is coming from other parts of the UK.
In this episode of the Barclays Mortgage Insider Podcast, host Phil Spencer is joined by Lucian Cook, Head of Research at Savills, and Ross Jones, founder of Home Financial and Evolve Commercial Finance.
In this episode of the Barclays Mortgage Insider Podcast, host Phil Spencer is joined by Lucian Cook, Head of Research at Savills, and Ross Jones, founder of Home Financial and Evolve Commercial Finance.
© 2019 Perspective Publishing Privacy & Cookies
Recent Stories