Mortgage and savings software provider, finova, has partnered with digital will-writing service, Sail Wills, to incorporate its self-service will templates into finova’s broker CRM.

Intermediaries using finova’s broker CRM software will now benefit from access to Sail Wills’ self-serve will-writing templates, which will sit within the system and allow brokers to share it with customers at any point in their mortgage journey.

Sail Wills’ self-serve form can allow brokers to help their customers establish how assets will be distributed and who will help them to achieve that through the probate process. Having an active and updated will that enables executors to understand how to distribute a borrower’s property equity according to their wishes is “key”, finova said.

Although probates can typically take 12 months to complete, Sail Wills averages six to nine months, will which allow finova brokers to offer their customers a more efficient experience.

Intermediaries who use finova’s broker software can also offer this service at a discount, and a portion of the fee will be paid to the broker in the event of a successful discussion.

“finova is committed to expanding its broker services to ensure they can guide their clients toward a strong financial plan, whether that’s when they first purchase a home, remortgage or product transfer,” said director of sales – broker channel at finova, Matt Harrison.

“By enabling brokers to offer self-serve options at reasonable prices, Sail Probate will empower them to make recommendations that satisfy the Consumer Duty’s requirement to put the client’s immediate needs first at every available opportunity.”

Gemma Pitman at Sail Wills added: “For many, the act of writing a will seems like a daunting or even unnecessary task. However, having a definitive will in place is not an optional extra. It’s a necessary document to support the person looking after one’s financial affairs after they pass away. Crucially, it also gives the holder something priceless: peace of mind.

“We are proud to partner with finova to offer our speedy and efficient services to brokers at a reasonable and market-beating price. Homeowners deserve security, and by making it easier for brokers to guide their customers towards constructing a will, our hope is that more people will take this responsibility serious and view it as an integral part of the homebuying process.”

Share Story: