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 Launches New Range of Buy to Let and Holiday Let Products
Furness has unveiled an exciting new range of products designed to meet the diverse needs of Residential, Buy to Let, and Holiday Let customers across England, Scotland, and Wales.
The Buy to Let range includes options for Regulated, Unregulated, and Consumer Buy to Let borrowers. The new 2-year products offer competitive rates, starting at 4.84% for cases up to 65% LTV and 5.04% for cases up to 75% LTV, with a £995 fee.
Holiday Let clients can benefit from products starting at 5.28% for 2 years for cases up to 65% LTV and 5.18% for 5 years for cases up to 75% LTV, also with a £995 fee. These products allow up to 90 days of personal use per year, offering borrowers greater flexibility and usability. With acceptance of Airbnb properties and a tailored approach to affordability, Furness’s Holiday Let solutions are designed to meet a wide range of individual needs.
As with all Furness products, all the products in this new range include a £250 Cashback.
Jonathan Cartlidge, Head of Member & Broker Strategy, commented:
“We’re delighted to launch our offering with this new range of products. Our comprehensive Buy to Let range caters to regulated, unregulated, and consumer cases, providing solutions that suit a variety of borrower circumstances.
We’re particularly excited about our Holiday Let products, which combine competitive rates, flexibility in personal use, and the ability to accept Airbnb properties. Coupled with our commitment to understanding individual circumstances, our experienced and friendly underwriters assess each case on its merits to deliver a professional and personal service for brokers and their clients.”
With over 10 years of experience in the Holiday Let market, Furness continues to provide trusted lending solutions with a flexible, customer-centric approach.”