Finova, the UK’s largest cloud-based mortgage and savings software provider, has launched a new specialist buy-to-let (BTL) origination platform designed to enable lenders to bring products to market in as little as four months.
The pre-configured system, delivered through Finova Lending, allows banks, building societies and specialist lenders to enter or expand in the BTL market without having to replace existing infrastructure.
Early pilot programmes suggest the platform can double daily application throughput and reduce staff effort per case.
FULL LIFECYCLE LENDING
The solution is built to manage the full lifecycle of specialist BTL lending, from application to completion. It supports limited company and individual borrowers, portfolio landlords, and a wide range of property types including HMOs and multi-unit freehold blocks.
Developed in consultation with intermediaries, the platform incorporates an intuitive broker portal to improve submission accuracy, speed up applications and provide greater transparency across cases.
Other features include task-driven case management with straight-through processing, a configurable risk engine, and a financial products engine for pricing, fees and lending rules. It is pre-integrated with Experian, Companies House, Landmark Quest and Loqate.
The modular and API-native design allows lenders to trial and scale propositions alongside existing systems, minimising disruption to day-to-day operations.
MODERNISING BANKING
Gareth Richardson, CEO of Finova, said: “The specialist buy-to-let market is set to reach £54 billion by 2029, driven by increasing demand for more complex lending products such as limited company, HMO, and portfolio cases.
“But many traditional systems just can’t keep up, leading to bottlenecks, longer application-to-offer times, and slower product launches.
“Our platform is designed to change that. It lets lenders go live in as little as four months, handle the full BTL lifecycle smoothly, and scale their operations without upsetting existing systems.”
And he added: “By combining pre-configured specialist features, intelligent risk management, and automation that still gives staff room to step in when needed, we’re helping lenders move faster, work smarter, and ultimately provide a better experience for both borrowers and brokers. It’s a key part of our wider vision to modernise banking technology across the UK.”
