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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.”

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