Furness for Intermediaries is introducing two competitively priced two-year discounted mortgages to its product range, available across England, Scotland and Wales.
The products are available for house purchase and re-mortgage, and are available to mainstream residential cases as well as customers who are self-employed, looking for a mortgage on a joint applicant sole proprietorship basis or even wanting to take the mortgage into their retirement.
The first is a 2 year discount with a pay rate of 1.55%, maximum 80% LTV. The second is a 90% LTV, with a pay rate of 2.24%, both carry a product fee of £999. The products offer free legal and valuation fees on standard re-mortgages in England and Wales, the maximum free valuation fee is £665. A contribution of £150 toward legal fees will apply to applications in Scotland.
Alasdair McDonald, Head of Intermediaries told us “We feel that the introduction of our competitive two year discounts together with our flexible approach to underwriting enables us to offer a great alternative to a fixed rate product. So whether you have a straight forward residential case or something that requires a bit more care and attention I would invite you to talk to us“