Insights Blog | Finova

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2 min read

SoMo joins Finova’s lending panel

Specialist lending firm Somo has joined Finova's lending panel enabling brokers to access the firm's products including Valuation Only and Second Charge loans.

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5 min read

Everything brokers need to know ahead of the new Consumer Duty

While the majority of brokers endeavour to deliver the right products to their clients at all times, the FCA is concerned that not all financial services work well.

Businessman wearing glasses talks on phone while looking at laptop in an office environment.

4 min read

Lenders should turn to technology ahead of Consumer Duty implementation deadline

It’s safe to say that 2022 hasn’t come without its fair share of challenges.

Couple viewed from behind looking at their new house, woman holding keys.

3 min read

Housing delivery could be impacted by end of Help to Buy scheme

With the government’s Help to Buy scheme coming to a close, some in the mortgage industry have warned that housing delivery will ‘inevitably drop’ as a result.

Woman with tablet greets smiling young couple on steps outside a building.

5 min read

Why Open Banking holds the key to boosting financial inclusion

The introduction of Open Banking has proved to be a game changer for the financial services sector, creating new and exciting ways for firms to engage with customers.

Smiling young businesswoman collaborates with male colleagues at a computer in an office setting.

4 min read

How lenders and brokers can build closer relationships with tech

In today’s demanding mortgage market, it can be difficult for lenders to effectively onboard and build relationships with mortgage brokers.

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4 min read

Operational regulatory changes: What the new FCA policy statement means for your business

When Covid-19 hit, the uncertainty which followed knocked the financial sector into a period of instability.

Smiling young woman in an orange sweater using a laptop at a desk by a window.

4 min read

How brokers can prepare for the new consumer duty regulations

The FCA’s new consumer duty requirements are set to be published at the end of July for implementation in April 2023.

A real estate 'Sold' sign stands outside a row of brick terraced houses.

4 min read

Remortgage activity drive broker business in the face of supply and demand issues

With demand reaching record highs, and housing stock levels unable to keep up, competition is continuing to inflate house prices and bidding wars are driving up costs far beyond what properties are really worth.