Furness cuts rates across fixed residential mortgage products

Furness Building Society has cut rates across its residential product range, which is available for cases across England, Scotland and Wales.

This new range includes 2-year fixed rates starting at 5.08% for cases up to 75% loan-to-value (LTV), 5.28% for cases up to 80% LTV and 5.74% for cases up to 90% LTV.

For clients looking for a longer term, 5-year options are also available, with rates starting from 4.92% for cases up to 80% LTV.

All products in the residential product range carry a £999 fee, which can be paid up front or added to the loan.

To help clients who are moving home all products in this new range include £250 Cashback.

Alasdair McDonald, head of intermediaries for Furness, said: “These new price reductions, coupled with our ability to look at cases individually means that we are always looking for a way to say yes.

“With easy access to our broker hub we’re on hand to talk you through your next case.”