Furness has returned to the market with a range of new products available across England, Scotland and Wales.
The new range of residential products includes a 2.29% 2-year discount (£999 fee) for cases up to 90% loan-to-value (LTV).
As well as being available for employed clients, Furness will look at cases with a more complex income including for those who are self-employed.
Their flexible approach to lending means they are able to assess each case on its own merits including looking at pre-tax profits when assessing affordability.
For landlords, the Furness is able to offer a range of unregulated, regulated up to 80% LTV and holiday lets up to 75% LTV. Their lowest rate buy-to-let product is a 2-year discount with a pay rate of 2.39% (£995 Fee) for cases up to 75% LTV.
As with all buy-to-let products from Furness, applications will be assessed based on an applicant’s overall financial situation – not by simply using an ICR calculation.
Earned income together with mortgage and other credit commitments will be reviewed personally by an underwriter. This enables Furness to consider a wider range of cases that present good quality, low risk lending.
All products in this new range include £250 Cashback.
Alasdair McDonald, head of intermediaries at Furness, said: “We’re delighted to be back in the market with this new range of products to brokers across England, Scotland and Wales.
“With a range of products and our flexible approach to lending, we are confident we can help you find the solution to your next case whether it be for a residential, buy-to-let or even holiday let property.“
