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."
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