Furness increases offer validity period from three to six months

Furness for Intermediaries has implemented a range of enhancements to its criteria, products and processes to improve the service and experience it delivers to intermediaries.

The latest improvement is increasing its mortgage offer validity periods from three to six months on UK residential and buy-to-let cases.

Sue Heron, marketing and sales director, said: “We are constantly engaging with our brokers and have listened to feedback which told us this would provide extra reassurance and flexibility to consumers and would help with more complex cases and purchases, especially new-build.

“Other changes we’ve recently introduced have been to increase our standard LTI to 4.5 times in cases up to 85% LTV and we’re now offering free valuations on remortgages up to £1m – doubling the offer we previously made and have simplified some of our operational processes.”