Furness BS enhances residential and shared ownership products

Furness Building Society has announced that it has enhanced its new business mortgage product range. 

The newly enhanced range includes a standout 2-year fixed rate product at 4.73% up to 90% LTV, providing a strong option for customers with smaller deposits. This product is available across England, Scotland, and Wales, with a free valuation and a £999 fee.

In addition, Furness has made significant improvements to its Shared Ownership offering. The refreshed range includes a 2-year fixed rate from 4.45% (up to 85% Loan to Share) and a 5-year fixed rate from 4.28% (up to 85% Loan to Share) – both designed to provide long-term affordability and stability to those buying a share in a home.

As with all products in their range, the new products are supported by their flexible criteria and personal underwriting.

Jonathan Cartlidge, Head of Member & Broker Strategy at Furness Building Society, said: “At Furness, we’re committed to evolving our product range to meet the needs of today’s borrowers.

"These latest enhancements, including our new 90% LTV product and improved Shared Ownership options, reflect our ongoing efforts to support intermediaries and customers alike with competitive rates and practical solutions.”