Furness Building Society has cut rates across its full range of residential, buy-to-let (BTL), and holiday let mortgages, including its expanding Shared Ownership products.
The new offerings feature a 2-year fixed rate of 4.55% for residential cases up to 90% loan-to-value (LTV), providing brokers with a competitive option for clients with smaller deposits. In the Shared Ownership range, rates now start at 4.24%, with products available up to 95% loan-to-value (75% LTV), aimed at helping more first-time buyers onto the property ladder.
“We know how important it is for brokers to have options for clients who need a more personal approach," comments Jonathan Cartlidge, head of member & broker strategy at Furness Building Society.
"Whether it’s a first-time buyer using Shared Ownership or someone with non-standard income, our underwriters take the time to understand the case. These new rates – across all our key product areas – are another way we’re making it easier for brokers to place those trickier cases.”
All products include a £250 cashback and are available on properties in England, Scotland, and Wales.
