Furness BS launches shared ownership range
Furness Building Society has announced the launch of a range of shared ownership mortgage products for buyers in England

Options start from 4.65% for two-year fixed products and 4.48% for five-year fixed products, and all products within the range come with a £250 cashback
The range allows for lending up to 95% Loan to Share on new-build homes, including flats, with 5% builder incentives accepted. Energy-efficient homes benefit from improved affordability assessments
Jonathan Cartlidge, head of member & broker strategy, commented:
"At Furness, we’re committed to helping brokers find solutions for clients who might not fit the mould elsewhere. With our Shared Ownership range, we’ve combined flexible criteria with the kind of personal service brokers value. Whether it’s through manual underwriting, no automated credit scoring, or upfront case reviews, we’re proud to offer a proposition that puts individual circumstances first."

Breaking news
Direct to your inbox:
More
stories
you'll love:
This week's biggest stories:
HSBC
HSBC launches new sub-4% mortgage rates

Buy-to-let
The Mortgage Works launches sub-3% buy-to-let rates

Inflation
Base rate cut 'now certain' as inflation falls to 2.6%

April Mortgages
April Mortgages launches 7x loan-to-income lending

Tax
HMRC rule change set to impact millions of landlords and sole traders

Pension
Government announces plans to consolidate small pension pots
