At Foundation, we know that portfolio cases rarely follow a straight line. Every landlord has their own strategy, structure and pace of growth, which is why we focus on providing flexible, practical solutions built around how brokers really work.

Here’s an example of how Foundation can help to simplify a multi application scenario for a landlord growing their portfolio.

The problem:

Imagine a landlord who’s actively growing their portfolio and needs to submit several applications within a short timeframe. Each application would normally require its own set of documents, underwriting and admin, leading to duplicated effort and slowing the whole process down. Managing multiple cases across multiple properties can quickly become time consuming for both the broker and their clients.

The solution:

Our clear, streamlined approach reduces complexity and keep the applications moving:

• Underwriting and documents can be reused for any applications submitted within a six month window, removing repeated admin.
• Only one direct debit mandate and one portfolio schedule are required, which we can complete for portfolios of 10 or more properties.
• We apply a 100% stress test for the background portfolio instead of the more restrictive 125% at pay rate, helping the overall case fit more easily.

By cutting down on duplication and applying pragmatic, expert underwriting, Foundation can help brokers progress multiple applications smoothly, making mortgages happen for their landlord clients.

If you’re working on a portfolio landlord case, your Foundation regional account manager is always here to support you.