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Through this partnership, Finova will support Leeds Building Society’s entry into the Ltd Co.

After a slow start, the appetite for Open Banking has begun to climb, driven in part by the pandemic and, more recently, the cost-of-living crisis.

Finova’s lender panel currently offers both standard mortgage products and a range of other secured lending options, including buy-to-let, second charge, commercial and development, and equity release.

The volatile economy continues to significantly impact the mortgage market.

In July 2023, the FCA’s new Consumer Duty will take effect.

Lifetime Mortgage Specialists Pure Retirement have joined Finova Payment and Mortgage Services 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.

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.

Finova, the UK’s largest cloud-based mortgages and savings software provider, today announces its new product switch functionality within its cloud-first origination platform, Apprivo2.

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