Brilliant Solutions

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 adds to LA postcode exclusive product range

Furness for Intermediaries has extended its “exclusive to LA postcode” product range with the
addition of 2 new fixed rates in the 75% LTV space.

The fixed rates include a very competitive 1.19% (£999 fee) or 1.59% with no product fee to pay.
The standard incentive package of free valuation and legal fees for remortgages applies for cases
in England and Wales and for cases in Scotland, a contribution of £150 towards legal fees will
apply.

Furness has enhanced the offering on these products by introducing a free valuation fee on
purchases also, helping customers with the cost of moving home.

Alasdair McDonald, Head of Intermediaries for Furness said, “As well as offering competitive
products across England, Scotland and Wales, we’re really trying to do something a bit different to
help our local customers in our heartland area. We’re committed to offering a range of products
that offer something different for those living within the LA postcode and now have exclusive
products available from 75% LTV right up to 95% LTV.

Factoring in the low rates, our ability to look at each case individually and the support with legal
and valuation fees, we believe we’re offering a solution that really works for our local communities,
helping local people prosper by getting a great deal on their reportage or buying their own home.”

Product Withdrawal

We’re withdrawing the following product with effect from 5pm on Thursday 22 April 2021.

Code

Type

Rate

LTV

Term

DS336

Residential

1.99%

80%

2 years

123FIX

Residential

1.99%

80%

2 years

124FIX

Residential

1.19%

60%

2 years

126FIX

Residential

1.29%

75%

2 years

We’ll let you know about our new products launching on Friday 23 April 2021

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