Furness cuts 2-year fixes

Ryan Bembridge

October 22, 2018

Furness for Intermediaries has cut 2-year fixes to 2.49% to 80% loan-to-value and 2.99% to 90% LTV, both with a £1,250 product fee.

The lender said the reduction demonstrates its support for the intermediary market.

Alasdair McDonald, head of intermediaries at Furness Building Society, said: “Whilst the fixed rates are not market leading, coupled with our approach to individual underwriting, our product range allows us to provide solutions for intermediaries when looking at a broad range of cases, often complex cases which need that extra attention that our team of experienced underwriters can offer.”

Furness lends throughout England, Scotland and Wales on both residential and buy-to let mortgages.

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