Furness announces new fixed rate products

Furness for Intermediaries has added two new products to its residential fixed rate range.

They consist of a two-year 80 per cent LTV at 1.99 per cent and a five-year 70 per cent LTV at 2.18 per cent.

Both products, available for purchase and remortgage, have a £1,250 fee and come with free standard legal fees for remortgages in England and Wales, and a contribution of £150 towards fees in Scotland.

According to the firm, applicants who are self-employed, looking for a mortgage on a joint applicant sole proprietorship basis or who will need to take the mortgage into their retirement are applicable for the new offerings.

Furness head of intermediaries Alasdair McDonald (pictured) says: “We feel that with the launch of these fixed rates, coupled with our approach to underwriting, we can offer a solution to our broker partners whether they have a straight forward residential case or something that requires a bit of expertise.”


Furness for Intermediaries cuts cost of fixed-rate deals

Furness for Intermediaries has lowered rates across its residential fixed-rate mortgage range.  At the same time, the building society has introduced a new three-year product into its broker-only range of products. The new fixed-rate deals includes a two-year fix at 2.69 per cent and a five-year fix at 2.99 per cent (both at 90 per […]

Furness cuts rates on BTL and holiday let range

Furness Building Society has made changes to its buy-to-let and holiday let product range, trimming two-year rates by up to 0.56 per cent. The unregulated buy-to-let products from the intermediary arm of the society include a pay rate of 1.84 per cent (up to 65 per cent LTV) and 1.99 per cent (up to 75 […]


News and expert analysis straight to your inbox

Sign up