The business head of buy-to-let mortgages at Axis, who began at the bank in November 2014, is working his notice, Mortgage Solutions has learnt.
Before Axis, Ferguson (pictured) was head of sales and distribution at Kent Reliance.
Foundation’s director of marketing Jeff Knight, said: “Everyone at Foundation is absolutely delighted that Andrew has agreed to join us in September. This is an important hire for us, to help us with our ambitious growth plans and we are really looking forward to Andrew coming on board.
“Andrew brings a huge amount of expertise to our business. He very well respected within the industry, has lots of creditability and experience and I for one can’t wait to start working with Andrew,” he added.
Foundation has been active this year, appointing Andrew Moss as product manager in May after launching into residential mortgages in April subsequent to its business development director Paul Brett leaving in January.