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.
Furness launches new 5 year fixed rate product range
Furness has introduced a new 90% 5 year fixed rate into its product range which strengthens its high LTV offering across England, Scotland and Wales. It has also taken the opportunity to price down its existing 5 year fixed rates at 70 and 80% LTV.
At 70% LTV the rate is 2.19%, rising to 2.49% at 80% LTV – both carry an application fee of £1,250. At 90% LTV the rate is 3.49% with a £999 fee. For remortgages, the products come with an incentive package of a free valuation and standard legal fees available in England and Wales and in Scotland they will receive a free valuation and £150 towards legal fees.
Residential applications are welcome on new build houses, from employed and self-employed customers.