Mortgage News
Foundation Home Loans joins PMS and Sesame
Intermediary-only specialist lender Foundation Home Loans has joined the lender panel of PMS Mortgage Club and Sesame Network, giving members access to its range of buy-to-let (BTL) and residential mortgage products.
Foundation focusses on BTL mortgages for individuals, limited companies and portfolios.
Features include unlimited number of properties accepted up to a maximum of £3m, no minimum term of employment or self-employment, no maximum age for limited company applications, and no requirement for business plans, or asset and liability statements.
Jane Benjamin (pictured), head of relationship management at Sesame and PMS, commented: “We are pleased to welcome Foundation Home Loans to our comprehensive network and mortgage club lender panels.
Benjamin continued: “As a specialist lender operating exclusively through intermediaries, we expect Foundation’s products and service to particularly appeal to our members who have clients with complex requirements, such as portfolio landlords.”
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Andrew Ferguson, commercial director at Foundation Home Loans, added: “We are delighted to extend our proposition to members of PMS and Sesame and we are confident in building a mutually beneficial partnership during 2018 and beyond.
“Broadening our distribution within the network and club arena is a key priority for us this year and we are excited to be working with both PMS and Sesame as part of this expansion.”