"The Furness is delighted that we are now in a position to cater for consumer buy-to-let applications"
The 2 year discount products include a 60% LTV with a rate of 2.85% and a 75% LTV at 3.14%.
The discounted products both have no early repayment charges and are available for both purchase and remortgage cases with a free legal package on remortgages.
Sue Heron, Marketing and Sales Director, said: “This relatively recent addition to the buy-to-let world has caused some confusion with both consumers and lenders in the first few months following the Mortgage Credit Directive. The Furness is delighted that we are now in a position to cater for consumer buy-to-let applications and believe that our product offering, coupled with our manual approach to underwriting, will be appealing in the current mortgage market.”
