Club members can source the lender's suite of products
finova Payment and Mortgage Services has expanded its lender panel with the recent addition of Bath Building Society.
The partnership further diversifies the range of products available to club members of finova, who will now benefit from access to the mutual’s suite of products, including buy-to-let and holiday let mortgages, as well as rent-a-room mortgages.
Bath Building Society joins over 85 lenders on finova’s panel, including products from standard mortgages to specialist and niche lending solutions. Its buy-to-let and holiday let products offer top-slicing where a property’s rental income doesn’t sufficiently cover mortgage repayments. The lender also has regulated buy-to-let mortgages for landlords looking to purchase multi-unit blocks.
“The addition of Bath Building Society has strengthened our mortgage panel even further,” said Natalie McNamara (pictured), head of relationships at finova Payment and Mortgage Services. “At a time when many landlords are struggling with affordability, we’re delighted to be partnering with Bath Building Society to support our members through today’s challenging economic climate.
“Bath Building Society’s flexible products will expand the range of options available to our brokers, helping to ensure they get the best possible outcome for their client, and we look forward to a long, productive working relationship with the whole team.”
Ben Hutchings, head of mortgage sales at Bath Building Society, added that it, too, was delighted to provide finova’s brokers access to their products.
“We design our products with a flexible approach in mind, and our manual underwriting process enables us to do this,” Hutchings said. “In uncertain economic times, every client has a unique set of borrowing needs, and we hope that finova’s brokers can continue to address these requirements with the added benefit of our comprehensive buy-to-let, holiday let and rent-a-room solutions.”
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