Finova adds Quantum Mortgages to lender panel | Mortgage Strategy

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Mortgage and payment platform Finova has added specialist buy-to-let lender Quantum Mortgages to its lending panel.

Quantum Mortgages lends to professional landlords buying or refinancing properties across England, Wales and Northern Ireland.

Its loans span four ranges. Single unit properties, which covers houses and flats, lending up to 80% loan to value and refinance bridging loans with a day one remortgage.

A multi-unit range, which covers houses in multiple occupation up to six units and holiday lets, lending up to 75% LTV.

A specialist range, which the lender says “facilitates loans on property types not usually available to landlords”.

And an expat and Foreign National range, which lends up to 65% LTV to a foreign resident without any UK residency so long as they own at least one other investment property.

Finova’s platform covers 60 leading lenders, 3000 mortgage brokers and 200 financial institutions.

Its partnership with Quantum Mortgages gives the network’s directly authorised brokers instant access to the lender’s launch offer of £99 valuation fees on single unit properties up to a £500,000 valuation.

Finova Payment & Mortgage Services head Melanie Spencer says: “The addition of Quantum Mortgages grants our brokers access to another specialist loan provider, ensuring the diverse needs of all borrowers are met and accounted for.”

Quantum Mortgages managing director Jason Neale adds: “Supporting the BTL market with human underwriting is at the heart of what we do, and it is reassuring that Finova Payment and Mortgage Services has recognised the value of this and added us to its expanding lender panel.”


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