Pure Retirement joins finova’s lending panel

Over 450 advisers gain access to the lender’s suite of lifetime mortgage products

Pure Retirement joins finova’s lending panel

Lifetime lender Pure Retirement has joined finova Payment and Mortgage Services’ panel of over 80 lenders.

As a result of the partnership, over 450 advisers with finova gain access to the lender’s suite of lifetime mortgage products, which include features such as a flexible pricing structure with a 21-day post-KFI rate guarantee.

The lifetime mortgage specialist also offers downsizing protection, drawdown facilities, the provision to make payments via direct debit, and customer access to the ‘MyPure’ online account management platform.

“Pure Retirement recognises the importance of supporting clubs and networks, and the role they play in helping advisers to deliver best outcomes to consumers,” Scott Burman (pictured left), head of distribution at Pure Retirement, said.

“finova has a proven track record in delivering innovation to the financial services space, and we’re proud to be joining their panel, ensuring that their members have access to all the tools and information to help their later life clients in achieving their financial goals.”

The lender panel of finova now offers both standard mortgage products and specialist lending solutions, including residential, buy-to-let, second charge, commercial and development, and equity release.

“Our mortgage panel continues to go from strength to strength, and the addition of Pure Retirement greatly expands the number of equity release products members can access through finova,” Melanie Spencer (pictured right), head of payment and mortgage services at finova, stated in an article announcing the partnership.

“We are delighted to be partnering with Pure Retirement, whose dedication to the consumer with their post-completion care, their broad and extensive lending criteria will be a great benefit to our members.”

Want to be regularly updated with mortgage news and features? Get exclusive interviews, breaking news, and industry events in your inbox – subscribe to our FREE daily newsletter. You can also follow us on Facebook, Twitter, and LinkedIn.