Paradigm adds Foundation Home Loans to panel

Ryan Bembridge

July 21, 2016

handshake3

Paradigm Mortgage Services has added Foundation Home Loans to its lender panel.

Paradigm members can now access Foundation’s buy-to-let range, which offers limited company and personal products at the same rates.

John Coffield, head of Paradigm Mortgage Services, said: “There are a number of key criteria differentiators offered by Foundation which will I’m sure interest our members including the hugely encouraging fact that limited company products come with no rate premiums compared to personal products.

Paradigm adds New Street to panel

“This undoubtedly recognises the huge changes taking place in the buy-to-let sector and the fact many landlord borrowers are utilising limited company vehicles in order to purchase and house their properties.

“The fact these borrowers do not have to pay considerably more for their finance with Foundation is a very welcome development and one that shows this is a lender leading the marketplace.

“We believe our members will find much to interest both them and their clients within the Foundation proposition and we would urge them to engage with the highly experienced team in place there.”

Foundation Home Loans was launched in February 2015.

Paul Brett, its business development director, said: “We are delighted to have been appointed to Paradigm’s lending panel.

“Foundation Home Loans is here to help with the buy-to-let needs of all of Paradigm’s members.

“We have built our strategy around strong and robust products, giving brokers a consistent product offering.

“My colleagues and I look forward to working with Paradigm and its members.”