New 2 Year 80% LTV Fixed from Furness is “Outstanding”

Furness Building Society has made reductions to a number of its residential fixed and discounted products with its 2 year 80% fixed rate receiving an “Outstanding” rating from the experts at Moneyfacts who said “The 2 year fixed rate at 80% loan-to-value has received the most modest cut of 0.07% and is now priced at 1.37%.

This now matches the lowest rate available in this sector and has a lower minimum loan requirement than the lowest current rate giving access to a wider audience. The fee is reasonable at £999 and as well as an incentive package on offer for both house purchase and remortgages, a £250 cashback is also included making this deal an excellent option overall.

Alasdair McDonald, Head of Intermediaries at Furness said “our product teams are constantly adapting our product range to provide fantastic value and for our brokers and their clients whether they’re looking to buy a new home or coming to the end of their mortgage deal and looking to save on their monthly repayments”