5 borrowers Foundation can help right now

We know that real people, aren’t necessarily standard borrowers.
While some fit the mould of mainstream lending, many don’t – and that shouldn’t stop them from accessing the mortgage they need.

First-time buyers with a 10% deposit

• Lending up to 90% LTV
• We accept gifted deposits
• Our tiered credit approach allows us to consider the whole picture

Contractors with just 1 year's income

• We can consider contractors with just one year's income evidence
• We assess income based on day rates, giving flexibility for clients working on short-term or flexible contract

Key workers with variable pay

• We assess affordability by including overtime, allowances, and other pay elements that reflect a client's true earning potential
• Our criteria also allow for joint applications where one applicant is a key worker

Borrowers with minor credit blips

• Whether it's a missed payment, a default, or even a small CCJ, we know it's not unusual for clients to have experienced some form of credit issue in the past
• Our tiered credit structure, from F1 through to F4, allows us to place clients at the right level based on their circumstance

Self-employed clients with rental or multiple income sources

• We consider PAYE and dividends, net profiles from accounts, rental income from property, and even additional sources such as pensions or investments
• We can work with the most recent year's accounts if this provides a clearer reflection of the current circumstance

Our approach is all about flexibility, expertise, and seeing the bigger picture, so that brokers can place clients who might otherwise struggle.

If you have a residential case to discuss, call us today.