Furness Building Society has reduced the rate for its two-year residential discount mortgage to 3.28 per cent up to 60 per cent loan to value (LTV).
This is a reduction of 0.17 per cent and “reaffirms the Furness commitment to offering competitive products across England, Scotland and Wales”.
The product has a £999 fee, which can be paid upfront or added to the loan. It is available for cases up to £1m.
It also comes with a £250 cashback.
Alasdair McDonald, head of intermediary mortgages at Furness Building Society, said: “We’ve been working really hard to deliver excellent value in our range of mortgages and we believe this rate reduction highlights this.
“We’re hoping to see business coming in from our existing broker partners and those haven’t had a chance to place lower LTV business with us previously. If you’ve not used us before, give us a try, we’ve got a great service record and with easy access to our broker hub we’ll keep you in the picture every step of the way.”
Anna is currently the deputy editor for Mortgage Solutions and editor for Specialist Lending Solutions. She has worked as a journalist since 2019, having secured her Gold Standard NCTJ diploma from News Associates in a fast-track six-month course.
She started her career as a report at specialist publication The Insurance Insider covering a wide range of areas before joining Mortgage Solutions and Specialist Lending Solutions in 2021.
In her role, she helps put together and structure the news agenda for the day and writes up press releases, reports, interviews, analyses and exclusives across both titles. She also commissions blogs for Specialist Lending Solutions and hosts online masterclasses and in-person events across the business.
She has been shortlisted for three journalism awards, which include BIBA Journalist and Media Awards Scoop of Year Award in 2020, Headline Money Mortgage Journalist of the Year Award (B2B) in 2022 and 2023.
Prior to being a journalist, Anna worked in ecommerce across Snow + Rock, Cycle Surgery and Runners Need websites, and before that worked at specialist financial PR firm Rostrum.
In her spare time, Anna enjoys reading, seeing live music, and cooking for friends and family. When she gets a chance, she also enjoys hiking, skiing and indoor rock climbing.
