Pure Retirement has joined the finova Payment and Mortgage Services lending panel, which now consists of over 80 lenders.
This strategic alliance provides finova’s network of over 450 advisers with access to Pure Retirement’s comprehensive suite of lifetime mortgage products.
These include unique features such as a flexible pricing structure with a 21-day post-KFI rate guarantee, downsizing protection, drawdown facilities, direct debit payment options, and customer access to their ‘MyPure’ online account management platform.
Finova Payment and Mortgage Services members stand to gain from Pure Retirement’s loan-to-values of up to 50%, as well as wide-ranging lending criteria that accommodate CCJs, DMPs, IVAs, and bankruptcy (restrictions apply). Additionally, unique property features such as thatched roofs, 100% flat roofs, or grade 2 listings are considered.
Advisers can also leverage the expertise of Pure Retirement’s intermediary sales division, which provides regional telephone and field-based business development managers (BDMs) to support case developments and ensure optimal outcomes for their clients.
Scott Burman, head of distribution at Pure Retirement, said: “We acknowledge the vital role that clubs and networks play in assisting advisers to deliver the best outcomes to consumers. We are proud to join finova’s panel, a group known for delivering innovation in the financial services space.
“This partnership will ensure their members have all the necessary tools and information to assist their later-life clients in achieving their financial goals.”
Melanie Spencer (pictured), finova’s head of payment and mortgage services, said: “Our mortgage panel continues to grow in strength, and the inclusion of Pure Retirement significantly expands the range of equity release products our members can access.
“We are delighted to partner with Pure Retirement, whose dedication to the consumer, post-completion care, and extensive lending criteria will greatly benefit our members.”
Pure Retirement will join finova’s lending panel that already provides a diverse range of mortgage products and specialist lending solutions, including residential, buy-to-let, second charge, commercial and development, and equity release.
