Office address: 5 Arlington Square, Bracknell, Berkshire RG12 1WA
Website: www.foundationhomeloans.co.uk
Year established: 1998
Company type: financial services
Employees: 150+
Expertise: buy to let mortgages, limited company buy to let, HMOs and multi-unit blocks, short term lets, residential mortgages
Parent company: Athene Holding
CEO and key people: Pete Ball (CEO), Dominic Maher FCIPD (COO) Noelle Doherty (CFO), Grant Hendry (director of sales), Tom Jacob (director of product & marketing), George Gee (commercial director), Chris Lomas (IT director)
Financing status: corporate backed or acquired
Foundation Home Loans is a specialist mortgage lender based in Bracknell, Berkshire, known for its tailored services to the Buy to Let market and residential mortgages. provides flexible mortgage solutions via intermediaries for clients with complex needs, including portfolio landlords and HMO property seekers. It has more than 150 employees and over 25 partnerships with networks, clubs, and packagers.
Foundation Home Loans was founded in 1998 as RFC Mortgage Services. The company was acquired by GMAC in 2000, transitioning to GMAC-RFC. By 2002, it ranked as the UK’s 13th largest lender and rose to the 10th position by 2006.
Following the credit crunch in 2010, it was acquired by Fortress Investment Group, refocusing as a mortgage servicer. The name changed to Paratus AMC in 2011, and in 2015, it introduced the brand Foundation Home Loans. The company appointed its new CEO at the end of 2023, marking the start of a new leadership.
Foundation Home Loans provides an array of products and services that are tailored to the needs and requirements of its clients. Key offerings include:
buy to let mortgages: specialised products designed to meet the demands of portfolio landlords
residential mortgages: offers flexible financing options for residential properties
professional mortgages: tailored for professionals with specific financial needs
green mortgages: supporting borrowers making environmentally friendly choices
expatriate mortgages: tailored for UK nationals living abroad, offering a range of mortgage options
mixed use BTL properties mortgages: specifically designed for properties that combine residential and commercial use
Foundation Home Loans is committed to upholding certain core values that guide their operations and interactions, ensuring business is conducted with integrity and respect. These principles are vital for maintaining high standards of service and building lasting relationships with their clients and partners. Their foundational values that drive every aspect of the company's work:
fair: commitment to unbiased and consistent decision-making
accountable: ownership of actions to enhance customer efficiency
customer first: prioritising strong customer relationships
transparent: clear and open communication
Foundation Home Loans seeks to eradicate modern slavery and human trafficking within its business and supply chain by adhering to the Modern Slavery Act 2015. This commitment is important not only for complying with legal standards but also for maintaining the company's integrity and trust with stakeholders. They practise this commitment through:
Foundation Home Loans addresses gender equality and reduction of the gender pay gap, understanding the importance of fair pay. The company works to close the pay disparity between male and female employees, aligning with legal requirements and supporting a more motivated and equitable workforce. Initiatives to address this issue include:
Pete Ball has served Foundation Home Loans as its CEO since 2023. Ball has over 30 years of experience in the industry, with significant prior roles at Together, Harrods Bank, Virgin Money, Bank of America, and Valtech. He possesses extensive expertise in banking, business analysis, strategy, change management, stakeholder management, and more.
Key personnel supporting Ball in operating and leading the company include:
Dominic Maher, as company COO, oversees operational functions and ensures seamless execution of company policies
Noelle Doherty, as CFO, manages the company's financial strategies and safeguards fiscal integrity
Grant Hendry, serving as director of sales, drives sales strategies and optimises market penetration efforts
Tom Jacob, director of product & marketing, leads product development and marketing, enhancing brand visibility and market impact
George Gee, as commercial director, focuses on business growth and commercial opportunities, strategising for competitive advantage
Chris Lomas, IT director, spearheads technological advancements and IT solutions, driving innovation across the company
Foundation Home Loans is aiming for continuous growth, with strategic expansions in its product offerings and partnerships. Recent initiatives include the introduction of new mortgage products tailored for multiple properties on a single title and holiday lettings.
Collaborations with key partners like Fiducia Commercial Network and the addition of the company to the FIBA lender panel highlight its commitment to enhancing service delivery and market reach. These activities are designed to improve the company's standing in the competitive mortgage lending market, ensuring sustainability and innovation in its operations.
It offers updated rates for landlords with different credit profiles and property types
How are landlords planning to meet the 'C' rating?
The free-to-attend event is designed for brokers looking to deepen their market knowledge and connect with lenders
Broker's top tips for the market in 2025
Goodridge gets the role at Foundation; Wilde steps up at Paragon
It also reduces rates on several existing deals
They come with reduced fees, cashback incentives, and no application costs
Attendees can explore sessions on market trends, specialist finance, and many other topics
New BTL, remortgage and fixed rates all drop
Key reductions include portfolio landlord rates, HMO financing, and green property mortgages
