"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"
- Gareth Richardson - Finova
Finova has announced that it has launched a pre-configured specialist buy-to-let (BTL) origination platform for lenders.
Delivered through Finova Lending, its end-to-end mortgage origination system, the solution enables banks, building societies, and specialist lenders to enter or expand in the BTL market in as little as four months without replacing existing systems.
The platform supports the full BTL lifecycle from application to completion. It is configured for a wide range of lending types, including limited companies, individual landlords, and portfolio owners. It also accommodates various property types, from standard rental homes to Houses in Multiple Occupation (HMOs) and multi-unit freehold blocks (MUFBs).
Developed with input from brokers and distributors, the platform reflects the workflows, priorities, and challenges of intermediaries. It features an intuitive broker portal that streamlines submissions, reduces errors, and provides clearer visibility across the application process.
Other capabilities include:
Task-driven case management with straight-through processing
A configurable risk engine for faster, accurate decision-making
A financial products engine to manage pricing, fees, and lending rules
Pre-integration with key services such as Experian, Companies House, Landmark Quest, and Loqate
Designed to be modular and API-native, the platform can run alongside lenders’ existing origination and servicing systems. This allows lenders to trial and scale new propositions without disrupting everyday operations.
Early testing and pilot programmes have shown the platform could double daily application throughput and significantly reduce staff effort per case, underlining its operational efficiency.
“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," noted Gareth Richardson, CEO of Finova (pictured). "But many traditional systems just can’t keep up, leading to bottlenecks, longer application-to-offer times, and slower product launches," he added, “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."
Richardson concluded, "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.”
