According to the lender, the 80% LTV product has a £995 fee which can be paid up front or added to the loan and is available for both purchase and remortgage cases, with a free legal package on remortgages.
This rate is available exclusively on the Furness’ newly launched online facility which includes a Decision in Principle where experienced underwriters will still assess cases on an individual basis.
Sue Heron, Marketing and Sales Director, commented on the launch: “To further improve our range of fixed rate products we are excited to launch this attractively priced three-year fixed rate. We think the new online facility has the best of both worlds, a fantastic user friendly submission route for mortgages combined with the traditional “talk to us” approach that the Furness continues to operate.
We know that many of our intermediary partners will welcome this move and we are delighted that we’ve been able to provide them with an online facility which will make it much easier to submit business.”
