Furness Building Society has expanded its residential range with rate reductions and a re-entrance into the 95 per cent loan to value (LTV) space.
The lender will offer a two-year fix at 95 per cent LTV priced at 5.54 per cent, and a five-year fix set at 5.18 per cent.
The deals come with a £250 cashback.
The lender’s two-year fix for cases up to 85 per cent LTV has fallen from 4.74 per cent to 4.63 per cent.
Its two-year fixed rate for cases up to 90 per cent LTV have decreased from 4.98 per cent to 4.88 per cent.
The lender’s five-year fixed rate for cases up to 90 per cent LTV has reduced from 4.89 per cent to 4.64 per cent.
Alasdair McDonald, head of intermediaries at Furness, said: “Our approach to lending means that we can help clients by giving them the care and attention they need.
“We understand that each client’s situations can be unique and that’s why our underwriters consider each cases on its own merits.”
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.
