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Furness adds new holiday let fixes

Furness for intermediaries now offers two five-year fixed rate holiday let products.

The offers come in 65 per cent LTV and 75 per cent LTV versions, with rates of 3.34 per cent and 4.49 per cent rates, respectively.

Both products command a £1,250 product fee.

Furness adds that borrowers are also able to enjoy up to 90 days a year in their properties bought with these mortgages for their own personal use.

The lender’s head of intermediaries Alasdair McDonald says: “As an established holiday let mortgage provider, we are always looking for ways to improve. We have listened to the request from our broker partners for five-year fixed rate products to complement our range, and this coupled with our flexible approach to underwriting means we have a very attractive proposition.”


Furness adds 0.30% procuration fee

Furness for Intermediaries will now offer a 0.30 per cent procuration fee for product transfers carried out by brokers. The procuration fee is applicable on residential and buy-to-let mortgage deals. The firm adds that brokers can now carry out the product transfer through the building society’s online mortgage application system. Furness for Intermediaries head Alasdair […]

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Furness launches new product

Furness for Intermediaries has announced the launch of a new mortgage product. The offering is a 60 per cent LTV two-year fix at 1.39 per cent. The product is for purchase or remortgage and has a £1,250 fee. In addition, the new offer includes free legals and valuations for remortgages in England and Wales. For […]

Navigating volatility

The making of any fund can be seen in how it responds to crises and opportunities. In this short video, Head of Multi Asset at Royal London Asset Management Trevor Greetham outlines how the Royal London Global Multi Asset Portfolios or GMAPs navigated through Brexit and the US election cycle. He also highlights the importance […]


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