Furness Cuts Rates across its mortgage range, including  for Shared Ownership
Reduced-rate products form part of a repriced range of mortgages for brokers.
 
Furness Building Society has reduced the majority of rates across its range of mortgages - including an 85% Loan-to-Share Shared Ownership mortgage product which is available to brokers across the UK.
 
The product is fixed for five years at 4.19% and comes with a £999 arrangement fee and £250 cash back upon completion. The valuation fee has also been removed for both purchase and remortgage applicants - making the product highly competitive.
 
A second Shared Ownership product at 90% Loan-to-Share is also available with the same incentives which is fixed for two years at 4.45%.
 
The new Shared Ownership rates form part of a wide range of rate reductions implemented by Furness Building Society across its entire portfolio.

Additional market-leading residential rates at 90% LTV include a five year-fixed mortgage at 4.34% and a two-year option at 4.39%. Both of these products come with a £999 arrangement fee, £250 cash back upon completion and a free valuation.
 
Jon Cartlidge, Head of Member and Broker Strategy at Furness Building Society, commented: “Our reduced rates make Furness an even more attractive choice for brokers with clients who don’t necessarily fit the standard profile. With our flexible, human-led approach to lending, we continue to manually underwrite every single case - real people assessing real situations.
 
“We know shared ownership offers a viable means to own a home for those who have been unable to step onto the property ladder - and we’re happy to consider a wide variety of applicants. This includes employed and self-employed clients as well as those with more complex income streams.”
 
All products are available on properties in England, Scotland and Wales.