Director of marketing at Foundation Home Loans, Jeff Knight, told Mortgage Solutions that the promotion reflects its growth plans, following an increase in sales in the last six months.
Hendry (pictured) will continue to manage his existing key partners and will also now manage across Foundation’s three core channels of business, such as clubs, networks and packagers.
He has been with Foundation Home Loans since the start of 2018 and has more than 16 years’ experience within the financial services sector, having worked in a number of roles at both lenders and advisory firms.
The specialist lender said the promotion would help develop its relationships with all three channels and solidify and strengthen its commitment to its key partners.
This change comes after the restructure of Foundation’s buy-to-let product range.
Hendry said that he is pleased to take-on his new role, adding: “We are all here to help existing and new partners, to grow those relationships and to provide the support advisers need to ensure they are making the right recommendations for their clients.
Andrew Ferguson, commercial director at Foundation Home Loans, said: “Grant’s promotion is richly deserved and he has proved a considerable asset to the business over the last 12 months.
“On the back of our restructured buy-to-let product range, we now have a team in place which can help advisers deliver quality and competitive mortgages to those borrowers with more complex needs.”