Finova Broker Payments has agreed a partnership with Mortgage Broker Tools that will give its members discounted access to affordability and criteria research software.

The arrangement will allow members of Finova Broker Payments, the mortgage club operated by Finova, to access Mortgage Broker Tools at a 20% discount.

Mortgage Broker Tools is used by more than 5,500 brokers across the UK and provides real-time affordability calculations, criteria searches and product comparisons across residential and buy-to-let lending.

Finova said the deal is intended to help brokers improve their research process while lowering operating costs.

The club said the addition of Mortgage Broker Tools broadens its support package for advisers beyond procuration fees, with a focus on day-to-day research and case placement.

Matthew Harrison, customer success director at Finova Broker, said: “By integrating access to Mortgage Broker Tools as part of our broader broker support offering, we have increased the value that Finova Broker Payments delivers to members, combining strong lender relationships with practical tools that support advisers day-to-day.

“We’re focused on building a mortgage club that goes beyond competitive procuration fees. Brokers need tools that genuinely improve efficiency and confidence at the point of advice.

“Mortgage Broker Tools is widely respected in the market, and this partnership ensures our members can access its powerful research capabilities at a reduced cost.”

Tanya Toumadj (pictured), managing director at Mortgage Broker Tools, added: “We’re pleased to partner with Finova Broker Payments to extend access to our affordability and criteria platform.

“Supporting brokers with accurate, real-time research tools is critical in today’s complex lending environment, and this collaboration helps more advisers benefit from that capability.”