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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. 


Furness launches new fixed rates aimed at larger loans

Furness has launched 2 new fixed rate products, competitively priced they’re aimed at
attracting larger loans across England, Scotland and Wales.

The new products start at 1.19% for loans up to 60% LTV rising to 1.29% for cases up to
75% LTV – both products carry an application fee of £1,499 which can be paid upfront or
added to the loan. Applications between £150,000 and £1,000,000 are welcome for
purchases and remortgages.

Remortgages come with an incentive package comprising of a free valuation and standard
legal fees in England and Wales and in Scotland they include a free valuation and £150
towards legal fees.

Alasdair McDonald, Head of Intermediaries at Furness said “We think these products are
well suited to offer fantastic value for customers, making Furness an easy choice for our
broker partners. We’re happy to consider applications on new build houses and every
case will be assessed by one of our experienced underwriters so if you’ve got clients with
a complex income stream we can deal with that and similarly we’re well equipped to
assess self-employed applications.”

These products are available exclusively to the intermediary market

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