Furness has made a reduction of up to 0.35% on its fixed-rate products across both residential and buy-to-let (BTL) categories.
The updated residential product range features a 2-year fixed rate at 4.85% for purchases up to 80% loan-to-value (LTV).
For those seeking longer-term options, a 5-year fixed rate is now available at 4.54%, also for cases up to 80% LTV.
Each product in this range comes with a £999 fee, which can either be paid upfront or added to the loan.
Additionally, to support clients who are moving home, all products in this new range include a £250 cashback offer.
Jonathan Cartlidge, head of member and broker strategy, said: “We are excited to roll out this new range of products to brokers across England, Scotland, and Wales.
“While maintaining our competitive edge, it’s important to highlight that we do not use credit scoring.
“Instead, each case is carefully reviewed by an experienced underwriter, enabling us to handle complex cases with a flexible and personalised approach.”
