finova Payment and Mortgage Services has announced a new partnership with specialist mortgage provider, Norton Home Loans.

The move will provide finova members with access to Norton’s first and second charge product range.

finova suggested the partnership will help brokers find homes for borrowers who may not be eligible with high street lenders, helping them to secure finance that might not otherwise be possible.

Norton’s products provide lending options to those with impaired credit histories or alternative streams of income, and the mortgage provider has specialised lending criteria for various types of properties including unencumbered, non-standard construction and properties with a no-minimum-valuation.

The firm joins finova’s panel of over 70 lenders which offers standard mortgages as well as specialist and niche lending products, covering residential, buy-to-let, bridging, second charge, commercial and development, and equity release.

“Our growing mortgage panel reflects our commitment to providing product options for a wide range of clients and supporting each borrower’s mortgage journey in today’s challenging financial climate,” commented head of finova Payment & Mortgage Services, Melanie Spencer.

“We are delighted to be partnering with Norton Home Loans and to offer lending opportunities to borrowers who may require specialist products due to their credit history, income or property.

“This partnership is certainly a welcome addition to our panel of existing lending partners, and we look forward to supporting our brokers with the many options offered by Norton Home Loans’ extensive product range.”

Norton Home Loans managing director, Paul Stringer, added: “finova Mortgage Club is making great strides within the intermediary world and this is an opportune moment to join its lender panel.

“We look forward to progressing in our partnership and spreading the word of our proposition to members across finova’s growing network.”

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