Specialist lender Foundation Home Loans has become a patron of the National Association of Commercial Finance Brokers (NACFB).
The partnership will enable members of the independent trade body for commercial finance brokers to broaden their specialist product offering and connect with a wider array of borrower types.
Members can now provide direct access to Foundation’s three distinct brands – Solutions by Foundation, Residential by Foundation and Buy to Let by Foundation – and can also benefit from guidance around specialist criteria and additional support on complex mortgage cases.
The move supports the recent launch of Solutions by Foundation, a new suite of specialist criteria and products for specialist buy-to-let (BTL) needs, covering multi-occupancy properties, mixed-use property (part-commercial) and expat borrowers.
Director of sales at Foundation Home Loans, Grant Hendry, commented: “Landlords continue to evolve their business models to adapt to the ever-changing BTL landscape. As a lender, it’s imperative that we are able to support these markets and continue to diversify our proposition. To have a strong proposition is one thing, but to be able to partner with likeminded industry trade bodies is also essential to any future success.
“Partnering with the NACFB will not only add value to its members but also generate opportunities for us to support a wider proportion of the intermediary market, which represents a win, win for all parties.”
Managing director at the NACFB, Norman Chambers, added: “Many of our members specialise in sourcing property finance for their clients, so Foundation Home Loans is a great addition to the NACFB community.
“I have no doubt that its Solutions’ range will be of particular interest as we are seeing increased demand for finance for larger, multiple occupancy properties, especially from landlords with more complex borrowing needs.”
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