Furness launches new resi, BTL and holiday let mortgages

Furness Building Society has launched a new range of mortgages, including for residential, buy-to-let and holiday let customers.

Related topics:  Mortgages,  furness building society
Amy Loddington | Editor, Financial Reporter
10th November 2023
furness bs

Furness are delighted to launch a new range of products available across England, Scotland and Wales.

The new range of residential products includes a 5.29% 2 year discount (£999 fee) for cases up to 80% LTV.

As well as being available for employed clients, Furness are happy to look at cases with a more complex income including for those who are self-employed. Their flexible approach to lending means they are able to assess each case on its own merits including looking at pre-tax profits when assessing affordability.

For landlords, the Furness is able to offer a range of unregulated, regulated up to 80% LTV and holiday lets up to 75% LTV. Their lowest rate buy-to-let product is a 5 year fixed rate with a pay rate of 5.74% (£995 fee) for cases up to 75% LTV.

All products in this new range include £250 cashback.

Alasdair McDonald, head of intermediaries at Furness, said:

“We’re delighted to launch our new range of products to brokers across England, Scotland and Wales. With our individual approach to underwriting, we can cater for the straightforward cases as well as those that need a closer look and a personal touch.”

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