Foundation Home Loans has completed a funding agreement of up to £550 million, which allows it to increase loans to landlords, homeowners and borrowers with “complex needs”.
The broker-only lender said its Braccan mortgage 2025-1 deal attracted more than 30 institutional investors, demonstrating the “quality of the origin of mortgage loans.”
The deal was initially set at £475 million, allowing the final funding to rise to £550 million.
Chief Executive Officer of Foundation Home Loans “The success of this deal proves the strength of our business model and the trust that investors have in us,” said Pete Ball.
“Despite challenging market conditions, we are still able to reach extremely strong prices and ensure significant new investments.
