Brilliant Solutions

The internet is down in our Head Office.  Staff continue to answer the phone and respond to messages but understandably response times and service standards are affected.  Please contact your Relationship Manager directly if you have any urgent issues.  Thank you.

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

Great News for Holiday and Buy to Lets

 Furness has strengthened its Holiday Let range by introducing two new 5 year fixed rates at 65% and 75% LTV, priced keenly at 3.89% and 4.29% respectively. 

Both products carry a fee of £1,250, which can be paid upfront or added to the loan.

The Holiday Let products allow a generous 90 days personal use each year for the owners and, the Furness will look at the overall affordability for a client when assessing a case.

They have also introduced a new Consumer and Unregulated Buy to Let range, which includes a reduction in rate to its 2 year fixed rate products at 65% and 75% LTV.  These products are priced at 2.49% and 2.99% respectively. 

In addition, the Furness has also introduced two new 5 year fixed rates for Unregulated Buy to Lets at 65% and 75% LTV and these are priced at 2.89% and 3.39%.

The Buy to Let products carry a £1,495 product fee, which can be paid up front or added to the loan. 

All the products that Furness offer come with an incentive package of free valuation and legal fees on standard remortgages in England and Wales.  For Scottish cases a contribution of £150 will be given towards legal fees.

Alasdair McDonald, Head of Intermediaries for Furness, told us “We’re often a great choice for brokers looking to place a buy to let case as we don’t assess cases using an ICR calculation but instead consider an applicant’s overall financial situation – earned income together with a mortgage and other credit commitments – and use our affordability model.  Our experienced underwriters will take the time to look at cases individually and of course, they’ll always to their best to look for a way to say yes.”

To see the full range of products Furness has to offer visit www.furnessbs.co.uk

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