Furness increases maximum LTV in Scotland to 95%

Fri 22nd December 2017

Furness increases maximum LTV in Scotland to 95%

After listening to feedback Furness for Intermediaries has implemented a range of enhancements to its criteria, products and processes throughout 2017 which improve the service and experience it delivers to mortgage brokers.

The latest improvement is that Furness for Intermediaries has increased the maximum LTV in Scotland to 95% on standard residential cases and 80% LTV for self-build properties. With the newly unified criteria, brokers throughout mainland UK will have full access to their product range with pay rates as low as 1.24% at 75% LTV

Head of Products, Euan Ballantyne told us “Having listened to feedback from brokers, it’s fantastic that we are now able to provide our full product range north of the border.  As one of a relatively small number of building societies supporting the Scottish market in the 90% and 95% LTV brackets, brokers can now have an additional choice when placing business at a higher loan to value.”

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