Gen H and Nottingham Building Society have extended their forward-flow funding partnership.

Established in 2022, the partnership has enabled the fintech lender to meet demand for its mortgage products, backed by The Nottingham.

As a result of the agreement, Gen H has been able to expand both its funding capacity and market presence.

The partnership has resulted in the creation of 5,000 new homeowners funded by approximately £1bn of forward-flow funding. Thousands of these customers also used Gen H’s mortgage products.

Chief executive officer at Gen H, Graham McClelland, said: "A partnership between a building society – known for its credibility and heritage – with a customer-obsessed start-up such as Gen H may not have been an obvious choice. But as we mark the extension of this relationship, it’s clear just how successful and mutually beneficial it has been.

"We've learned a great deal from one another: we’ve helped NBS embrace more agile ways of working, and they’ve supported us in enhancing our governance and decision-making. I’m delighted to continue this collaboration and look forward to what we’ll achieve together in the years ahead."

CEO at Nottingham Building Society, Sue Hayes, added: "Our partnership with Gen H has been one of deep alignment, not just in our shared ambition to make homeownership more accessible, but in how we’ve worked together to achieve it. Since 2022, this collaboration has helped thousands of people take their first or next step onto the property ladder, combining Gen H’s customer-led innovation with the trust and stability of our 175-year legacy.

"As a mutual, we exist to support our members and their communities, and in Gen H, we’ve found a partner that shares our belief in doing business differently, with purpose. We’re proud to extend this partnership and look forward to building on its impact in the years to come."

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