Furness Building Society have release a product update for intermediaries. See below for details. Access these product via our direct to lender mortgage club and get the benefits of payment on completion.
Announcement
Furness reduces rates on 60% and 80% LTV Discount products
Furness has reduced its 2 year residential discount products for cases up to 60% and 80% LTV.
This reduction of 0.21% for the 80% LTV product and 0.14% for the 60% product reaffirms the Furness’ commitment to offering competitive products across England, Scotland and Wales.
Both new products carry a £999 fee which can be paid up front, or added to the loan, and to help clients these products include a £250 Cashback.
As well as being available for employed clients, Furness are happy to look at cases with a more complex income including for those who are self-employed. Their flexible approach to lending means they are able to assess each case on its own merits including looking at pre-tax profits when assessing affordability.
Alasdair McDonald, Furness for Intermediaries told us “We’ve been working really hard to deliver excellent value in our range of mortgages and we believe this rate reduction highlights this. We often help our broker partners to understand their clients’ accounts with self-employed cases and our experienced underwriters will always try to find a way to say yes”