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Furness BS refreshes buy-to-let range

by: Edward Murray
  • 30/01/2017
  • 0
Furness BS refreshes buy-to-let range
Furness for Intermediaries has launched two five-year fixed rate buy-to-let products to strengthen its product range and underline its commitment to the market.

The first is a regulated buy-to-let product priced at 3.75%. The second is an unregulated buy-to-let product at 3.20%. Both products have a maximum LTV of 75%.

The products carry a fee of £1,495 with a maximum loan size of £500,000 and a free legal and valuation package for remortgages in England and Wales. Furness will accept applications on an interest-only basis for both regulated and unregulated buy to lets.

Barry Fitzsimmons, head of intermediary distribution, said: “We’ve looked at the market and listened to our intermediary partners to create a product range which we feel is comprehensive and supports landlords with their choice of mortgage product whilst providing a solution for brokers and their clients.”

Earlier this month Furness launched a campaign to champion mortgage brokers and to encourage consumers to seek out the benefits of using a mortgage adviser.

The educational campaign includes a microsite, social media activity and an animated video.

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