Finova Broker Payments, Finova’s mortgage club offering competitive procuration fees and value-added services, has announced a new partnership with Mortgage Broker Tools (MBT), an affordability and criteria research platform serving the residential and buy-to-let mortgage market.
Under the agreement, Finova Broker Payments members will receive exclusive access to MBT at a 20% discount, allowing brokers to bolster their research capabilities whilst keeping operational costs down.
MBT is currently used by more than 5,500 brokers across the UK, offering real-time affordability calculations, criteria searches and product comparisons spanning residential and buy-to-let lenders. The platform allows advisers to identify appropriate lenders based on individual client circumstances, with the aim of improving submission quality and cutting the likelihood of declined applications.
Finova Broker Payments describes the tie-up as part of a broader effort to provide brokers with technology-led solutions designed to deliver better client outcomes, streamline day-to-day operations and underpin sustainable business growth.
Finova Broker customer success director Matthew Harrison said, “By integrating access to Mortgage Broker Tools as part of our broader broker support offering, we have increased the value that Finova Broker Payments delivers to members, combining strong lender relationships with practical tools that support advisers day-to-day.
“We’re focused on building a mortgage club that goes beyond competitive procuration fees. Brokers need tools that genuinely improve efficiency and confidence at the point of advice. Mortgage Broker Tools is widely respected in the market, and this partnership ensures our members can access its powerful research capabilities at a reduced cost.”
Mortgage Broker Tools managing director Tanya Toumadj said, “We’re pleased to partner with Finova Broker Payments to extend access to our affordability and criteria platform. Supporting brokers with accurate, real-time research tools is critical in today’s complex lending environment, and this collaboration helps more advisers benefit from that capability.”
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