Pure Retirement has announced that it has joined the finova Payment and Mortgage Services panel of over 80 lenders.

The new partnership will provide more than 450 advisers at finova with access to Pure Retirement’s lifetime mortgage products.

Features of Pure Retirement’s offering include a flexible pricing structure with a 21-day post-KFI rate guarantee, downsizing protection, drawdown facilities, the provision to make payments via direct debit, as well as customer access to their ‘MyPure’ online account management platform.

finova’s lender panel offers both standard mortgage products and specialist lending solutions, including residential, buy-to-let, second charge, commercial and development, and equity release.

Head of distribution at Pure Retirement, Scott Burman, commented: “Pure Retirement recognises the importance of supporting clubs and networks, and the role they play in helping advisers to deliver best outcomes to consumers.

“finova have a proven track record in delivering innovation to the financial services space, and we’re proud to be joining their panel, ensuring that their members have access to all the tools and information to help their later life clients in achieving their financial goals.”

Head of payment and mortgage services at finova, Melanie Spencer added: “Our mortgage panel continues to go from strength to strength, and the addition of Pure Retirement greatly expands the number of Equity Release products members can access through finova.

“We are delighted to be partnering with Pure Retirement, whose dedication to the consumer with their post-completion care, their broad and extensive lending criteria will be a great benefit to our members.”

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