Short Term Lending

Please see details of our Short Term Lending products below

2 Year Short Term Lending

4.74% variable rate for 2 years. This is the current Mortgage Variable Rate less 0.55% and £1,499 product fee is added to the loan. No Early Repayment Charge.

Please note that this product has a 2 year term.

 

Representative Example

A mortgage of £90,000 payable over 2 years on a discounted rate for 2 years at 4.74% and would require 24 monthly payments of £361.57.

The total amount payable would be £100,566.68  made up of the loan amount plus interest (£98,677.68) an Application fee of £1,499.00, 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 £90.00.

The overall cost for comparison is 6.00% APR representative.

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

› Find out more
Initial Rate for 2 years
4.74%
A revert rate does not apply to this product as it has a maximum 2 year term
0.00%
The overall cost for comparison is
6.00%


2 Year Short Term Lending

5.54% variable rate for 2 years. This is the current Mortgage Variable Rate plus 0.25% and £499 product fee is added to the loan. No Early Repayment Charge.

Please note that this product has a 2 year term.

Representative Example

A mortgage of £90,000 payable over 2 years on a variable rate for 2 years at 5.54% and would require 24 monthly payments of £417.99.

The total amount payable would be £100,920.76 made up of the loan amount plus interest (£100,031.76) an Application fee of £499.00, 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 £90.00.

The overall cost for comparison is 6.20% APR representative.

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

› Find out more
Initial Rate for 2 years
5.54%
A revert rate does not apply to this product as it has a maximum 2 year term
0.00%
The overall cost for comparison is
6.20%


2 Year Short Term Lending

4.74% variable rate for 2 years. This is the current Mortgage Variable Rate less 0.55% and £1,499 product fee is added to the loan. No Early Repayment Charge.

Please note that this product has a 2 year term.

 

Representative Example

A mortgage of £90,000 payable over 2 years on a discounted rate for 2 years at 4.74% and would require 24 monthly payments of £361.57.

The total amount payable would be £100,566.68  made up of the loan amount plus interest (£98,677.68) an Application fee of £1,499.00, 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 £90.00.

The overall cost for comparison is 6.00% APR representative.

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

› Find out more
Initial Rate for 2 years
4.74%
A revert rate does not apply to this product as it has a maximum 2 year term
0.00%
The overall cost for comparison is
6.00%


2 Year Short Term Lending

5.54% variable rate for 2 years. This is the current Mortgage Variable Rate plus 0.25% and £499 product fee is added to the loan. No Early Repayment Charge.

Please note that this product has a 2 year term.

Representative Example

A mortgage of £90,000 payable over 2 years on a variable rate for 2 years at 5.54% and would require 24 monthly payments of £417.99.

The total amount payable would be £100,920.76 made up of the loan amount plus interest (£100,031.76) an Application fee of £499.00, 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 £90.00.

The overall cost for comparison is 6.20% APR representative.

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

› Find out more
Initial Rate for 2 years
5.54%
A revert rate does not apply to this product as it has a maximum 2 year term
0.00%
The overall cost for comparison is
6.20%


Short Term Lending Guide

Please note

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




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