Furness Building Society has launched a 2-year discount product at 1.09% and a 2-year tracker at 1.29% both available up to 70% LTV.
The product is available for both purchase and remortgage customers who are also entitled to free standard valuation and legal fees.
Both products also have a product fee of £999 and have a maximum loan size of £900,000.
Euan Ballantyne (pictured), head of products, said: “We are constantly looking at ways to improve our products, criteria and service and we’re confident that the enhancements we are making will make it easier for brokers to choose Furness.”
This new product comes after Furness recently made changes to its criteria, including an increase of loan to income multiples to 4.5 for cases up to 85% LTV.