Foundation Home Loans has completed a funding deal for up to £550m, which allows it to boost loans to landlords, homeowners, and borrowers with “complex needs”.
The broker-only lender says its Braccan Mortgage Funding 2025-1 deal attracted over 30 institutional investors demonstrating the “quality of its mortgage origination”.
The transaction, initially set at £475m, allows for the final funding size to rise to £550m.
Foundation Home Loans chief executive Pete Ball says: “The success of this transaction is a testament to the strength of our business model and the trust that investors place in us.
“Despite challenging market conditions, we have been able to achieve extremely strong pricing and secure significant new investment.
“This funding will enable us to continue developing our specialist lending proposition to better meet the diverse needs of borrowers and their ever-shifting property-related ambitions.”
Earlier this week, the lender cut rates across its buy-to-let product range by as much as 55 basis points.
