Gen H and Nottingham Building Society have extended their multi-year forward-flow funding partnership.
The partnership, which was first established in 2022 has helped Gen H to expand its funding capacity and market presence.
It has resulted in the creation of around 5,000 new homeowners funded by approximately £1bn of forward-flow funding.
A large number of these customers also used Gen H’s mortgage products to find their place on the housing ladder.
Gen H chief executive officer Graham McClelland says: “A partnership between a building society – known for its credibility and heritage – with a customer-obsessed start-up such as Gen H may not have been an obvious choice. But as we mark the extension of this relationship, it’s clear just how successful and mutually beneficial it has been.”
Nottingham Building Society chief executive officer Sue Hayes adds: “Our partnership with Gen H has been one of deep alignment, not just in our shared ambition to make homeownership more accessible, but in how we’ve worked together to achieve it.”
“Since 2022, this collaboration has helped thousands of people take their first or next step onto the property ladder, combining Gen H’s customer-led innovation with the trust and stability of our 175-year legacy.”
Last week, Gen H announced it had secured a new forward-flow funding agreement with JN Bank UK.
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