In January, seven new underwriters have been employed and over the past few months a number of new underwriting assistants, processing team members and completions staff have joined the business.
Foundation’s sales team has also been boosted with a number of new starters and promotions for existing staff.
In January the lender brought two new internal BDMs on board and a new sales support team member, whilst two internal BDMs have been promoted to the role of regional account managers.
David Wheatley and Patrick Ogrigri have been promoted to regional account managers and will be looking after London and South Central, respectively.
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.
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.”
