Furness launches new buy-to-let and holiday let ranges
The new range caters to buy-to-let and holiday let customers across England, Scotland, and Wales.
"Our experienced and friendly underwriters assess each case on its merits to deliver a professional and personal service for brokers and their clients."
- Jonathan Cartlidge, head of member and broker strategy at The Furness
The Furness has launched a new range of products including options for regulated, unregulated, and consumer buy-to-let borrowers.
The new two-year products offer rates starting at 4.84% for cases up to 65% LTV and 5.04% up to 75% LTV, with a £995 fee.
Holiday let clients can also benefit from a two-year fixed rate at 5.28% up to 65% LTV and a five-year fix at 5.18% up to 75% LTV, both with a £995 fee.
The holiday let products allow up to 90 days of personal use per year, with acceptance of Airbnb properties and a tailored approach to affordability.
As with all Furness products, all the products in the new range include £250 cashback.
Jonathan Cartlidge, head of member and broker strategy at The Furness, commented: “We’re delighted to launch our offering with this new range of products. Our comprehensive buy-to-let range caters to regulated, unregulated, and consumer cases, providing solutions that suit a variety of borrower circumstances.
"We’re particularly excited about our holiday let products, which combine competitive rates, flexibility in personal use, and the ability to accept Airbnb properties. Coupled with our commitment to understanding individual circumstances, our experienced and friendly underwriters assess each case on its merits to deliver a professional and personal service for brokers and their clients.
"With over 10 years of experience in the holiday let market, Furness continues to provide trusted lending solutions with a flexible, customer-centric approach.”
Breaking news
Direct to your inbox:
More
stories
you'll love:
This week's biggest stories:
This week's biggest stories:
Santander
Santander launches 98% LTV ‘My First Mortgage’
First-time Buyer
Improved affordability sparks 20% rise in first-time buyers: NationwideÂ
Inflation
Further rate cuts dampened as inflation rebounds to 3.4%
Mortgage Rates
Two Big Six lenders increase mortgage rates as swaps rise
Bank Of England
Bank of England holds interest rates at 3.75% in narrow 5-4 vote
Interest Rates
Looser Fed policy stance could slow further rate cuts, policymakers warn