Furness launches 2-year fix

Michael Lloyd

May 22, 2019

Furness for Intermediaries has launched an intermediary 2-year fixed rate for purchases and remrotgages up to 60% loan-to-value (LTV).

The rate is 1.39% and there’s a fee of £1,250. As with all Furness Building Society products, free legal and valuation fees are offered on standard remortgages in England and Wales. For Scottish cases a contribution of £150 is available.

Alasdair McDonald, head of intermediaries, said: “We are delighted to launch this new fixed rate product giving customers with concerns about rate increases certainty over their monthly repayments, whilst also offering a very attractive rate.

“Our customers also benefit from our bespoke underwriting process meaning that each case is reviewed individually by our team of underwriters who have an in depth understanding of complex cases. By working in this way we continue to be able to apply flexibility in our decision making.”


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