Furness Cuts Rates Across Residential, BTL and Holiday Let Ranges – Including Shared Ownership

Furness Building Society has reduced rates across its full range of Residential, Buy-to-Let and Holiday Let mortgages – including its growing Shared Ownership offering.

The updated range includes a 2-year fixed rate at 4.55% for residential cases up to 90% LTV, giving brokers a strong option for clients with smaller deposits. In the Shared Ownership range, rates now start from just 4.24%, with products available up to 95% Loan to Share (75% LTV) – helping more first-time buyers onto the property ladder.

These changes make Furness an even stronger choice for brokers with clients who don’t always fit a standard profile. With a flexible, common-sense approach to lending, Furness continues to manually underwrite all cases – no credit scoring, just real people looking at real situations.

Shared Ownership is available across England and Wales, and Furness is happy to consider a wide variety of cases – from employed and self-employed clients to those with more complex income streams.

Jonathan Cartlidge, Head of Member & Broker Strategy at Furness Building Society, said:

“We know how important it is for brokers to have options for clients who need a more personal approach. Whether it’s a first-time buyer using Shared Ownership, or someone with non-standard income, our underwriters take the time to understand the case. These new rates – across all our key product areas – are another way we’re making it easier for brokers to place those trickier cases.”

All products come with a £250 cashback and are available on properties in England, Scotland and Wales.