Furness reduces rates on 60% LTV product for residential mortgages

Furness has reduced its 2 year residential Discount to 3.28% for cases up to 60% LTV.

This reduction of 0.17% reaffirms the Furness’ commitment to offering competitive products across England, Scotland and Wales.

The product carries a £999 fee which can be paid up front or added to the loan and is available for cases up to £1,000,000.

To further help clients this product includes a £250 Cashback.

As well as being available for employed clients, Furness are happy to look at cases with a more complex income including for those who are self-employed. Their flexible approach to lending means they are able to assess each case on its own merits including looking at pre-tax profits when assessing affordability.

"We’ve been working really hard to deliver excellent value in our range of mortgages and we believe this rate reduction highlights this..”

We’re hoping to see business coming in from our existing broker partners and those haven’t had a chance to place lower LTV business with us previously.  If you’ve not used us before, give us a try, we’ve got a great service record and with easy access to our broker hub we’ll keep you in the picture every step of the way”