Foundation Home Loans, the intermediary-only specialist lender, has today announced the expansion of its sales team with five new recruits covering both Regional Area Managers and Internal Business Development Managers.
Katie Quigley joins Foundation as Regional Area Manager for South Wales and the West. Prior to this, Katie was a Key Account Manager at Virgin Money plus held a range of roles at the Bank of Ireland. Jack Gerasimov has also been promoted from the Internal BDM team to Regional Area Manager for the South region. Both Katie and Jack will report to Head of Sales, Mark Whitear.
Foundation has also announced three new BDMs within the Internal Team. They are:
All three will report to Foundation’s Internal Sales Manager, Gavin Kyle.
Foundation said the expansion of its sales team came off the back of successful business growth in 2019 and is to ensure the lender continues to meet its growth targets throughout 2020 and beyond.
Foundation offers both specialist residential and buy-to-products. The residential range is aimed at borrowers who narrowly miss the requirements of mainstream high-street lenders including those with accidental, historical blips, and those with credit blips in the last year.
Its range of specialist buy-to-let products includes solutions for portfolio and limited company applicants. Foundation’s buy-to-let criteria currently includes 80% LTV for those who are purchasing or refinancing through a limited company, an ICR of 125% of the pay rate for five-year fixed rates, no maximum client age, acceptance of newly-incorporated limited companies, and a maximum loan size of £1.5m.
Mark Whitear, Head of Sales at Foundation Home Loans, said:
“It’s very pleasing to be announcing the expansion of our sales team at the start of 2020. We saw significant growth during the last year and we have plenty of plans for the year ahead to ensure we continue to develop effective and sustainable relationships with our intermediary partners. In order to retain our position as a lender which is always available and can provide real flexibility, we need quality people, and it’s therefore exciting to announce the recruitment of Katie and the promotion of Jack to Regional Account Manager roles, plus our three new Internal BDMs who will provide a range of support and resources to all our intermediary partners. Our focus in 2020 will be on continuing to provide a quality proposition in our core buy-to-let offering, but also to support our growing activity in the residential space.”