Furness Building Society strengthens its mortgage range with enhanced Holiday Lets and new high LTV Residential products
Furness Building Society strengthens its mortgage range with enhanced Holiday Lets and new high LTV Residential products
Furness Building Society has introduced higher LTV options for Residential borrowers and refreshed its Holiday Let range, giving brokers stronger solutions for clients who need flexibility and personal underwriting support.
The Holiday Let range now features a 4.79%2 year fixed rate for cases up to 75% LTV. Every Holiday Let application is reviewed by an experienced underwriter who considers seasonal income, occupancy trends and property potential in full, and the Furness allow up to 90 days personal use with Holiday Let properties.
The Society has also expanded its Residential range with new high LTV options at both 90 and 95%. These products include a 4.23% 2 year fixed rate for cases up to 90% LTV. This range supports first time buyers and home movers who require lower deposit routes, and benefit from Furness’s personal, case by case underwriting approach.
Furness continues to offer a strong and competitive Buy to Let proposition across Regulated, Unregulated and Consumer Buy to Let. Lending is available up to 85% LTV, supported by direct access to an underwriter and a relationship led service designed to help brokers place both straightforward and more complex cases.
Jonathan Cartlidge, Head of Member and Broker Strategy, said:
“Our strengthened Holiday Let offering and new high LTV Residential products reinforce our commitment to giving brokers the flexibility they need. Combined with our wider Buy to Let proposition and our personal approach to underwriting, these updates ensure we continue to offer a well rounded and supportive range.”