Foundation expands into Scotland

Borrowers will be able to access all of the lender’s purchase and remortgage offerings for residential and buy-to-let (BTL) properties.

Further moves today include the addition of The Lending Channel to Foundation’s distribution panel and the appointment of Fiona Robertson as a new regional account manager.

She will be looking after the North East of England and Scotland.

Foundation commercial director George Gee says: “We are very pleased to be announcing our launch into Scotland today, kicking off the new year by expanding our geographic distribution, and welcoming the mortgage intermediaries who are active in Scotland.

“This is an exciting time for Foundation and we’re looking forward to building new relationships in Scotland, engaging with all stakeholders and providing greater product and criteria options for borrowers.”

And The Lending channel managing director Alistair Ewing adds: “We are delighted to have been invited to join Foundation’s packager panel in Scotland, providing access to its fantastic products and helping them spearhead their Scottish growth plans.

“As an experienced packager with a number of other specialist lenders on our panel, this is a great addition for brokers for both BTL and residential products. I would therefore encourage brokers to register now to secure immediate access to Foundation’s mortgages following today’s launch.”