Furness has reduced its fixed rate residential products which are available across England, Scotland and Wales.
The new range of residential products includes a 4.64% 2-year fixed rate for cases up to 80% loan-to-value (LTV), and 5.08% 2-year fixed rate for cases up to 90% LTV.
For clients looking for a longer-term product there is a 5-year fixed rate product at 4.89% for cases up to 90% LTV.
Alasdair McDonald, of Furness for Intermediaries, said: “We’re delighted to launch this new range of products to brokers across England, Scotland and Wales.
“We believe these competitive products, as well as our manual underwriting means we can offer a strong proposition to help clients”.
To support first time buyers, the Society can also offer mortgages on a Joint Borrower Sole Proprietor basis where one of the joint borrowers is not going to be a co-owner, and all products in this range come with £250 Cashback.
As well as being available for standard employed clients, Furness are happy to look at cases with a more complex income including for self-employed clients.
DIPs and applications for the new products are welcome from both purchasers and those looking to re-mortgage and can be submitted via the Society’s online submission system.
An experienced underwriting team, who work closely with brokers on a daily basis, will individually assess all applications.
