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
Press Release – Furness reduces rates and launches 5 year fixed rate options
Furness has reduced its rates for both Residential and Let properties across England, Scotland and Wales and introduced new 5 year fixed rate options.
The new range of residential products includes a 3.49% 2 year discount (£999 fee) for cases up to 60% LTV, and an interest only option with a pay rate of 3.69% (£999 fee) for cases up to 70% LTV.
For clients looking for a longer term product Furness can offer a 5.49% 5 year fixed rate
(£999) for cases up to 60% LTV. There is a 5 year fixed rate interest only option with a 5.69% pay rate for cases up to 70% LTV.
All products in this new range include £250 Cashback.
DIPs and applications for the new products are welcome from both purchasers and those looking to re-mortgage and can be submitted via the Society’s online submission system.
A highly experienced underwriting team, who work closely with brokers on a daily basis, will individually assess all applications.