finova

Merry Christmas & Happy Holidays from everyone here at finova 🎄 We hope you enjoy a happy, healthy holiday season and we look forward to seeing you in 2025! 🎊

As we wrap up our 2024 milestones series, we're celebrating some of our standout client wins and partnerships from this past year. Our mission to deliver innovative, reliable solutions wouldn’t be possible without the trust and collaboration of our clients. We’re proud to support each one in their journey toward more efficient, customer-centric financial services. Swipe through our recap below to learn more about these partnerships and our ongoing commitment to client success. Suffolk Building Society, OSB Group, The Cambridge Building Society, Legal & General, RSC New Homes, Grange Mortgage & Protection Services Limited

Today, we're shining a spotlight on our strategic partnership with Hexaware Technologies.  As finova’s first independent implementation partner, Hexaware enables us to offer clients faster, smoother deployments and a more robust support experience for our mortgage and savings solutions. This collaboration marks a new era in service delivery, allowing us to focus even more on driving operational efficiency and innovation for our clients.   We’re thrilled to have Hexaware by our side as we continue to raise the bar in fintech. 

Yesterday, The Office for National Statistics released its latest House Price Index data, revealing a 3.4% increase in the UK’s average house prices. 🏠 📊 Our Chief Revenue Officer Chris Little shares his insights on the data with MoneyAge "As the year draws to a close, it’s encouraging to see the UK housing market close on a strong note, with overall house prices continuing to rise upwards." "In the new year, lenders will continue to play by offering competitive rates and flexible mortgage products. But we must continue to foster collaboration. The truth is that lenders and brokers must work together. We cannot lean on ‘one-size-fits-all’. In 2025, it will be up to us all to provide bespoke support to buyers who are prepared to step onto the housing ladders, especially as pent-up demand finally flows into the housing market." Read the full article 👉 : https://lnkd.in/e-PeGxXK #HousePrices #HousingMarket #MortgageTrends #UKProperty #LendingInnovation  #ONSData

In a recent guest blog with the Building Societies Association, John Tilzey, Sales Director,  shares his insights from our two in-depth surveys—Homeownership in the Digital Age and the Mortgage Efficiency Survey. 💡 The surveys explore the challenges and opportunities shaping the mortgage landscape, uncovering areas where technology can drive innovation and deliver better outcomes for borrowers, brokers, and lenders. From enhancing digital tools to balancing human expertise, our survey findings highlight actionable steps to transform the mortgage journey and foster growth across the industry. Read the full article 👉: https://lnkd.in/eBzPXgE2 #MortgageInnovation #DigitalTransformation #MortgageTechnology #Homeownership #FinovaInsights

We believe in the power of data to drive better decision-making.  This year, we released two comprehensive reports: the 2024 Mortgage Efficiency Survey and Homeownership in the Digital Age. Both reports delve into the evolving needs of borrowers and lenders, offering data-driven insights to help financial institutions stay ahead in a rapidly transforming market. 📊 The 2024 Mortgage Efficiency Survey uncovered new opportunities for lenders to streamline operations, reduce processing times, and improve borrower satisfaction. 🏡 Our Homeownership in the Digital Age report explored the gaps between borrower expectations and current mortgage technology, highlighting the need for more intuitive, tech-driven experiences in the home-buying journey.   Swipe through to read the highlights > 

Steve Carruthers is featured in The Intermediary’s December magazine, where he shares his insights on the key themes shaping the mortgage and housing market in 2025. Steve explores how lenders can adapt to support borrowers in the year ahead, from sustainability and retrofitting policies to the impact of interest rates and easing inflation. 📈 Read the full article below. #MortgageMarket #HousingTrends #2025Outlook #Innovation

This year, our team has been hard at work enhancing our suite of products to help you work more efficiently and serve clients better. From document handling upgrades to new portals, these innovations are designed to streamline workflows, improve communication, and create seamless experiences for lenders and brokers alike. Swipe through to explore just some of our 2024 product updates > 

We're excited to announce key updates to our leadership team. Paraag Davé, formally Executive Chairman, has been appointed as CEO, and Rowan Clayton has been promoted to Chief Product Officer. 👥 These strategic leadership changes reflect our commitment to driving market-leading mortgage origination solutions for over 60 banks, building societies, and specialist lenders. With a combined group that processes nearly £60bn in mortgage originations annually, finova is well-positioned to address the challenges of a rapidly evolving market and continue delivering transformative solutions for its customers. Read more about this update here: https://lnkd.in/euYcuDZ4 #Leadership #Growth #Innovation #finova #MortgageTech #SavingsSolutions

As we approach the end of 2024, we're taking a moment to reflect on a year of incredible growth, partnerships and innovation. From fresh new features to expanding partnerships, we’ve worked hard to bring our clients the very best in mortgage, savings and broker technology.  Join us over the next few days as we highlight some of our key achievements across our business. To kick off, earlier this year we took a major step forward by joining forces with MSO. This partnership has united our strengths, giving us an incredible team of 550+ across the UK and India, all dedicated to pushing the boundaries of mortgage and savings technology. Together, we’re more committed than ever to delivering outstanding service, support, and solutions to our clients.