Brilliant Solutions

The office will be closed from 5pm today for staff training, open as normal tomorrow. 

Our office will be closed from 5pm Thursday, 20th October to 9am Friday, 21st October.
If you have any cases or enquiries that this may affect, please contact our team today. We apologise for any inconvenience.

We are currently experiencing some technical issues that are affecting our telephone lines and internet connection.

We hope to resolve this asap. Apologies for the inconvenience.

 

In honour of Her Majesty Queen Elizabeth II our offices will be closed on Monday 19th September while our staff pay their respects.

The office will re-open at 9am on Tuesday 20th September.

Furness Update

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 FIXED RATE HOLIDAY LET PRODUCTS

Furness has reduced its fixed rate Holiday Let products which are available across England, Scotland, Wales and even the Isle of Skye.

Up to 65% LTV, there are 2 and 5 year options at 3.09% with a £995 fee. Up to 75% LTV, again the 2 and 5 year terms are aligned at the same competitive price at 3.29%. The products carry a £995 fee.

For remortgages, Furness offers a free standard valuation and free legal fees although in Scotland this adjusts to a £150 contribution towards legal fees.

Furness also adopts a flexible approach to lending including both gross holiday rental income as well as personal income when calculating affordability. A further benefit to the client is that they can use the property themselves for up to 90 days a year. The lender is also happy to accept customers who are first time landlords.

Alasdair McDonald, Head of Intermediaries at Furness told us “We’re confident the new fixed rates offer real value for money and, coupled with the flexibility in assessing affordability, our acceptance of Airbnb properties makes choosing Furness a pretty compelling proposition. We’ve got over 10 years’ experience as a holiday let lender and our professional and friendly team of underwriters are always looking for a way to say yes, looking at each case individually.”

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