finova Payment and Mortgage Services has partnered with esbs, or Earl Shilton Building Society, further expanding its portfolio of lending products available to finova’s directly authorised (DA) broker club.
esbs aims to help individuals and families achieve their financial goals with a ‘common sense’ approach to lending, assessing applications individually on their own merits rather than by predetermined criteria.
finova’s brokers will benefit from access to mortgages suiting a wide range of individual scenarios across England and Wales, allowing lending for self-builds, first-time buyers, later life and agricultural tied properties.
esbs’ current product range includes 5-year discount rates up to 95% loan-to-value (LTV).
The building society will also consider applications with up to four applicants, where income from each of the applicants can be considered as part of their affordability assessment.
Sasha Sprake, head of business development at finova Connect, said: “We’re excited to enhance the range of lenders available to our broker network through the welcome addition of esbs.
“With mortgage rates starting to stabilise, we’re beginning to see some borrowers resume their purchase plans and we’re confident that our intermediary members will be able to further support these customers through access to esbs’ varied offering.”
Richard Carson, business development and marketing manager at esbs, added: “At esbs, our common-sense philosophy is simple: we assess every case on its own merits, and we always put the customer first.
“To that end, we are proud to partner with finova, who share our commitment to supporting both borrowers and intermediaries in today’s evolving market.”
