The Financial Intermediary & Broker Association had added Foundation Home Loans to its lender panel.

FIBA members will have access to Foundation’s new specialist ‘solutions’ range, alongside its core BTL products. Across these ranges Foundation now offers BTL products for individual and portfolio landlords, limited companies and SPVs, ex-pats (on an individual or limited company basis) and commercial landlords with mixed-use properties. 

This follows FIBA’s recent announcement that Paragon Bank, Lloyds Bank and HSBC would be added to its panel. 

Foundation Home Loans director of sales Grant Hendry says: “We are delighted to partner with FIBA at this time of growth and change in the specialist buy-to-let market.

“FIBA’s commitment to broadening the product choice and value for mortgage intermediaries within the specialist BTL market aligns with our aim to bring to landlords operating in those spaces, wider criteria in areas such as part-commercial, expat and multi-occupancy properties, which is relevant to evolving demands.”

FIBA chair Martin Reynolds says: “It’s exciting to be engaged with Foundation at the beginning of its business restructure, as it makes its first steps into a new area of the market in support of larger HMOs, MUFBs, ex-pats and support for commercial landlords with mixed use properties.

“Its approach to portfolio underwriting, holiday and short-term lets within its core BTL range also offers our members more choice. which can only result in good outcomes for both broker and client.”