The lender is also launching a new larger loan offering.

42,000 borrowers expected to take out a secured loan in 2025 at current rate of lending.

The lender is expanding its offering beyond the prime property sector.

It will also accept applications for capital raising where the applicant has sufficient equity in an existing property.

Grant Hendry, director of sales at Foundation Home Loans, explores how advisers can identify the right solutions to meet their clients' short, medium and longer-term needs.

The BDLA's membership now exceeds 90 organisations.

Gareth was previously CEO of Ocean Finance.

The lender has also raised its dual representation offering to £750,000.

The digital-only bridging lender launched last year.

The updates apply across both core and specialist ranges and cater to a variety of borrower profiles.