Fixed Rate Mortgages

Help plan your monthly budget with one of our great fixed rate mortgages. Mortgage repayments can often be your largest outgoing and by choosing one of our fixed rates you can have the confidence of knowing your monthly mortgage payment for a set period of time.

The Society offers a range of Fixed Rate mortgages and you should contact your local branch or Furness Direct on 0800 22 05 68 to get details of the deals currently available.

These are LIMITED OFFERS - contact us now to avoid disappointment.

Click on the options below to see our choice of products.

2 year fixed

2.69% mortgage from the Furness Building Society. £1250 product fee. Maximum LTV 90%. Early Repayment Charge of 2% for the first year and 1% for the second year.

Representative Example

A mortgage of £180,000.00 payable over 25 years initially on a fixed rate for 2 years at 2.69% and then on our Mortgage Variable Rate (MVR) of 5.29% (variable) for the remaining 23 years would require 24 monthly payments of £406.40  and 276 monthly payments of £799.22.

The total amount payable would be £412,053.32  made up of the loan amount plus interest (£410,338.32), an Application fee of £1,250.00,  a CHAPS Fee of £20.00, a Valuation fee £195.00, a Legal fee of £105.00, an Insurance Rearrangement fee of £25.00 ,  and a Mortgage Discharge Fee of £120.00.

The overall cost for comparison is 5.10% APRC representative.

Please note the example above is for a house purchase on an interest only basis.

› Find out more
Initial Rate for 2 years
2.69%
Followed by the Mortgage Variable Rate - currently
5.29%
The overall cost for comparison is
5.10%


Fixed for 5 years

This is a fantastic 5 year 2.38% mortgage from the Furness Building Society. £999 product fee. 80% Loan To Value. Early Repayment Charge of 5% in the first year, 4% in the second year, 3% in the third year, 2% in the fourth year and 1% in the fifth year.

Representative Example

A mortgage of £160,000 payable over 25 years initially on a fixed rate for 2 years at 2.38% and then on our Mortgage Variable Rate (MVR) of 5.29% (variable) for the remaining 20 years would require 60 monthly payments of £319.40  and 240 monthly payments of £709.95.

The total amount payable would be £351,016.00  made up of the loan amount plus interest (£349,552.00), an Application fee of £999.00,  a CHAPS Fee of £20.00, a Valuation fee £195.00, a Legal fee of £105.00, an Insurance Rearrangement fee of £25.00 ,  and a Mortgage Discharge Fee of £120.00.

The overall cost for comparison is 4.60 APRC representative.

Please note the example above is for a house purchase on an interest only basis

› Find out more
Initial Rate for 5 years
2.38%
Followed by the Mortgage Variable Rate - currently
5.29%
The overall cost for comparison is
4.60%


3 Year Fixed

1.98% fixed rate mortgage from the Furness Building Society. £999 product fee. Maximum LTV 80%. Early Repayment Charge of 3% for the first year, 2% for the second year and 1% in the third year of incentive.

Click here to register and  apply online

Representative Example

A mortgage of £160,000 payable over 25 years initially on a fixed rate for 3 years at 1.98% and then on our Mortgage Variable Rate (MVR) of 5.29% (variable) for the remaining 22 years would require 36 monthly payments of £265.72 and 264 monthly payments of £709.97.

The total amount payable would be £358,462.00 made up of the loan amount plus interest (£356,998.00), an Application fee of £999.00,  a CHAPS Fee of £20.00, a Valuation fee £195.00, a Legal fee of £105.00, an Insurance Rearrangement fee of £25.00, and a Mortgage Discharge Fee of £120.00.

The overall cost for comparison is 4.80% APRC representative.

Please note the example above is for a house purchase on an interest only basis.

› Find out more
Initial Rate for 3 years
1.98%
Followed by the Mortgage Variable Rate - currently
5.29%
The overall cost for comparison is
4.80%


5 year Fixed

2.98% mortgage from the Furness Building Society.  £999 product fee.  Maximum LTV 90%.  Early Repayment Charge of 5% in the first year, and then tiered.

Representative Example

A mortgage of £180,000 payable over 25 years initially on a fixed rate for 5 years at 2.98% and then on our Mortgage Variable Rate (MVR) of 5.29% (variable) for the remaining 20 years would require 60 monthly payments of £449.59  and 240 monthly payments of £798.12.

The total amount payable would be £399,988.20  made up of the loan amount plus interest (£395,524.20), an Application fee of £999.00,  a CHAPS Fee of £20.00, a Valuation fee £195.00, a Legal fee of £105.00, an Insurance Rearrangement fee of £25.00 ,  and a Mortgage Discharge Fee of £120.00.

The overall cost for comparison is 4.70% APRC representative.

Please note the example above is for a house purchase on an interest only basis

› Find out more
Initial Rate for 5 years
2.98%
Followed by the Mortgage Variable Rate - currently
5.29%
The overall cost for comparison is
4.70%


3 Year Fixed

2.98% fixed rate mortgage from the Furness Building Society. £999 product fee. Maximum LTV 90%. Early Repayment Charge of 3% for the first year, 2% for the second year and 1% in the third year of incentive.

Representative Example

A mortgage of £180,000 payable over 25 years initially on a fixed rate for 3 years at 2.98% and then on our Mortgage Variable Rate (MVR) of 5.29% (variable) for the remaining 22 years would require 36 monthly payments of £449.59 and 264 monthly payments of £798.16.

The total amount payable would be £408,363.48 made up of the loan amount plus interest (£406,899.48), an Application fee of £999.00,  a CHAPS Fee of £20.00, a Valuation fee £195.00, a Legal fee of £105.00, an Insurance Rearrangement fee of £25.00, and a Mortgage Discharge Fee of £120.00.

The overall cost for comparison is 5.00% APRC representative.

Please note the example above is for a house purchase on a capital and interest basis.

› Find out more
Initial Rate for 3 years
2.98%
Followed by the Mortgage Variable Rate - currently
5.29%
The overall cost for comparison is
5.00%


2 year Fixed

4.09% mortgage from the Furness Building Society.  No product fee.  Maximum LTV 95%.  Early Repayment Charge of 2% in the first year, and 1% in the second year.

Representative Example

A mortgage of £142,500 payable over 25 years initially on a discounted rate for 2 years at 4.09% and then on our Mortgage Variable Rate (MVR) of 5.29% (variable) for the remaining 23 years would require 24 monthly payments of £759.51 and 276 monthly payments of £851.03.The total amount payable would be £253,507.52 made up of the loan amount plus interest (£253,067.52) an Application fee of £0, a CHAPS Fee of £20.00, a Valuation fee of £170.00, a Legal fee of £105.00, an Insurance Rearrangement fee of £25.00 , and a Mortgage Discharge Fee of £120.00.

The overall cost for comparison is 5.2% APRC representative.

Please note the example above is for a house purchase on a repayment basis.

› Find out more
Initial Rate for 2 years
4.09%
Followed by the Mortgage Variable Rate - currently
5.29%
The overall cost for comparison is
5.20%


2 year fixed

2.69% mortgage from the Furness Building Society. £1250 product fee. Maximum LTV 90%. Early Repayment Charge of 2% for the first year and 1% for the second year.

Representative Example

A mortgage of £180,000.00 payable over 25 years initially on a fixed rate for 2 years at 2.69% and then on our Mortgage Variable Rate (MVR) of 5.29% (variable) for the remaining 23 years would require 24 monthly payments of £406.40  and 276 monthly payments of £799.22.

The total amount payable would be £412,053.32  made up of the loan amount plus interest (£410,338.32), an Application fee of £1,250.00,  a CHAPS Fee of £20.00, a Valuation fee £195.00, a Legal fee of £105.00, an Insurance Rearrangement fee of £25.00 ,  and a Mortgage Discharge Fee of £120.00.

The overall cost for comparison is 5.10% APRC representative.

Please note the example above is for a house purchase on an interest only basis.

› Find out more
Initial Rate for 2 years
2.69%
Followed by the Mortgage Variable Rate - currently
5.29%
The overall cost for comparison is
5.10%


Fixed for 5 years

This is a fantastic 5 year 2.38% mortgage from the Furness Building Society. £999 product fee. 80% Loan To Value. Early Repayment Charge of 5% in the first year, 4% in the second year, 3% in the third year, 2% in the fourth year and 1% in the fifth year.

Representative Example

A mortgage of £160,000 payable over 25 years initially on a fixed rate for 2 years at 2.38% and then on our Mortgage Variable Rate (MVR) of 5.29% (variable) for the remaining 20 years would require 60 monthly payments of £319.40  and 240 monthly payments of £709.95.

The total amount payable would be £351,016.00  made up of the loan amount plus interest (£349,552.00), an Application fee of £999.00,  a CHAPS Fee of £20.00, a Valuation fee £195.00, a Legal fee of £105.00, an Insurance Rearrangement fee of £25.00 ,  and a Mortgage Discharge Fee of £120.00.

The overall cost for comparison is 4.60 APRC representative.

Please note the example above is for a house purchase on an interest only basis

› Find out more
Initial Rate for 5 years
2.38%
Followed by the Mortgage Variable Rate - currently
5.29%
The overall cost for comparison is
4.60%


3 Year Fixed

1.98% fixed rate mortgage from the Furness Building Society. £999 product fee. Maximum LTV 80%. Early Repayment Charge of 3% for the first year, 2% for the second year and 1% in the third year of incentive.

Click here to register and  apply online

Representative Example

A mortgage of £160,000 payable over 25 years initially on a fixed rate for 3 years at 1.98% and then on our Mortgage Variable Rate (MVR) of 5.29% (variable) for the remaining 22 years would require 36 monthly payments of £265.72 and 264 monthly payments of £709.97.

The total amount payable would be £358,462.00 made up of the loan amount plus interest (£356,998.00), an Application fee of £999.00,  a CHAPS Fee of £20.00, a Valuation fee £195.00, a Legal fee of £105.00, an Insurance Rearrangement fee of £25.00, and a Mortgage Discharge Fee of £120.00.

The overall cost for comparison is 4.80% APRC representative.

Please note the example above is for a house purchase on an interest only basis.

› Find out more
Initial Rate for 3 years
1.98%
Followed by the Mortgage Variable Rate - currently
5.29%
The overall cost for comparison is
4.80%


5 year Fixed

2.98% mortgage from the Furness Building Society.  £999 product fee.  Maximum LTV 90%.  Early Repayment Charge of 5% in the first year, and then tiered.

Representative Example

A mortgage of £180,000 payable over 25 years initially on a fixed rate for 5 years at 2.98% and then on our Mortgage Variable Rate (MVR) of 5.29% (variable) for the remaining 20 years would require 60 monthly payments of £449.59  and 240 monthly payments of £798.12.

The total amount payable would be £399,988.20  made up of the loan amount plus interest (£395,524.20), an Application fee of £999.00,  a CHAPS Fee of £20.00, a Valuation fee £195.00, a Legal fee of £105.00, an Insurance Rearrangement fee of £25.00 ,  and a Mortgage Discharge Fee of £120.00.

The overall cost for comparison is 4.70% APRC representative.

Please note the example above is for a house purchase on an interest only basis

› Find out more
Initial Rate for 5 years
2.98%
Followed by the Mortgage Variable Rate - currently
5.29%
The overall cost for comparison is
4.70%


3 Year Fixed

2.98% fixed rate mortgage from the Furness Building Society. £999 product fee. Maximum LTV 90%. Early Repayment Charge of 3% for the first year, 2% for the second year and 1% in the third year of incentive.

Representative Example

A mortgage of £180,000 payable over 25 years initially on a fixed rate for 3 years at 2.98% and then on our Mortgage Variable Rate (MVR) of 5.29% (variable) for the remaining 22 years would require 36 monthly payments of £449.59 and 264 monthly payments of £798.16.

The total amount payable would be £408,363.48 made up of the loan amount plus interest (£406,899.48), an Application fee of £999.00,  a CHAPS Fee of £20.00, a Valuation fee £195.00, a Legal fee of £105.00, an Insurance Rearrangement fee of £25.00, and a Mortgage Discharge Fee of £120.00.

The overall cost for comparison is 5.00% APRC representative.

Please note the example above is for a house purchase on a capital and interest basis.

› Find out more
Initial Rate for 3 years
2.98%
Followed by the Mortgage Variable Rate - currently
5.29%
The overall cost for comparison is
5.00%


2 year Fixed

4.09% mortgage from the Furness Building Society.  No product fee.  Maximum LTV 95%.  Early Repayment Charge of 2% in the first year, and 1% in the second year.

Representative Example

A mortgage of £142,500 payable over 25 years initially on a discounted rate for 2 years at 4.09% and then on our Mortgage Variable Rate (MVR) of 5.29% (variable) for the remaining 23 years would require 24 monthly payments of £759.51 and 276 monthly payments of £851.03.The total amount payable would be £253,507.52 made up of the loan amount plus interest (£253,067.52) an Application fee of £0, a CHAPS Fee of £20.00, a Valuation fee of £170.00, a Legal fee of £105.00, an Insurance Rearrangement fee of £25.00 , and a Mortgage Discharge Fee of £120.00.

The overall cost for comparison is 5.2% APRC representative.

Please note the example above is for a house purchase on a repayment basis.

› Find out more
Initial Rate for 2 years
4.09%
Followed by the Mortgage Variable Rate - currently
5.29%
The overall cost for comparison is
5.20%


Fixed for 2 years

This is a fantastic 2 Year 1.49% mortgage from the Furness Building Society. £999 product fee, 80% Loan To Value. Early Repayment Charge of 2% in the first year and 1% in the second year.

Representative Example

A mortgage of £160,000 payable over 25 years initially on a fixed rate for 2 years at 1.49% and then on our Mortgage Variable Rate (MVR) of 5.29% (variable) for the remaining 23 years would require 24 monthly payments of £199.96 and 276 monthly payments of £709.94.

The total amount payable would be £362,206.48  made up of the loan amount plus interest (£360,742.48), an Application Fee of £999.00  a CHAPS Fee of £20.00, a Valuation fee £195.00, a Legal fee of £105.00, an Insurance Rearrangement fee of £25.00 ,  and a Mortgage Discharge Fee of £120.00.

The overall cost for comparison is 5.00% APRC representative.

Please note the example above is for a house purchase.

› Find out more
Initial Rate for 2 years
1.49%
Followed by the Mortgage Variable Rate - currently
5.29%
The overall cost for comparison is
5.00%


Fixed Rate Mortgages Guide

A fixed interest rate mortgage is a loan where the interest rate applying to the loan is fixed for a specified period of time and does not change irrespective of any general interest rate changes which may apply from time to time. There may be a fee to pay to enable the funds to be reserved.


If you take out one of these loans your monthly repayments may be lower than they might otherwise be for the period of the fixed rate had the mortgage been at the Society’s standard variable rate. However with a fixed rate it is worth remembering that this could be higher than the Society’s standard variable rate.

Please note
Free legal fees are only available in England and Wales and where a standard remortgage is taking place. For Scottish cases we will contribute £150 towards the legal fees. If you would prefer to use your own solicitor we will contribute £150 towards the cost of the legal fees.
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE






Other sub sections


Furness mortgage guide


What to do next?

For more information or to apply for this product you can:

Call: 0845 194 8669
› Find your nearest branch
Furness Mortgage Tools


Furness Mortgage Products




Furness News

  • Pink Arrow NewsBuilding Society cash supports Alzheimers initiatives

The Alzheimer’s Society has received a donation of £156...

17th August 2016

Personal Finance News

  • Pink Arrow NewsFURNESS CEMENTS RELATIONSHIP AND LAUNCHES NEW PRODUCTS WITH SELF

Furness Building Society has strengthened its partnership with Buil...

17th July 2017




Website designed and developed by: Ainsworth & Parkinson