Its more than 450 brokers can source the lender's products
finova Payment and Mortgage Services has partnered Earl Shilton Building Society (esbs) to further expand its portfolio of lending products available to its directly authorised broker club.
With the partnership, finova’s more than 450 brokers gain access to esbs’ mortgage products, which suit a wide range of individual scenarios across England and Wales, allowing lending for self-builds, first-time buyers, later life, and agricultural-tied properties.
The mutual’s current product range includes five-year discount rates up to 95% loan-to-value (LTV). It will also consider applications with up to four applicants, where income from each of the applicants can be considered as part of their affordability assessment.
esbs joins finova Payment and Mortgage Services’ growing panel of over 85 lenders, offering products from standard mortgages to specialist and niche lending solutions, including residential, buy-to-let, second charge, commercial and development, and equity release.
“We’re excited to enhance the range of lenders available to our broker network through the welcome addition of esbs,” commented Sasha Sprake, head of business development at finova Connect.
“With mortgage rates starting to stabilise, we’re beginning to see some borrowers resume their purchase plans, and we’re confident that our intermediary members will be able to further support these customers through access to esbs’ varied offering.”
Richard Carson, business development and marketing manager at Earl Shilton Building Society, added that it was excited to work with finova to help brokers and their clients.
“At esbs, our common-sense philosophy is simple: we assess every case on its own merits, and we always put the customer first,” he said. “To that end, we are proud to partner with finova, who share our commitment to supporting both borrowers and intermediaries in today’s evolving market.”