Furness launches new buy-to-let and holiday let rates

Furness Building Society has released new rates for its regulated buy-to-let and holiday let mortgages, available to brokers across the UK.

The enhanced range of regulated buy-to-let mortgages are available up to 80% LTV. The range starts at 4.65% for a two-year fixed rate up to 75% LTV.

In addition, Furness’ holiday let mortgages now feature a five-year fixed rate product at 4.78% up to 75% LTV. Its holiday let range offers 90 days personal use per year and is available on Airbnb properties. 

All products include a £995 fee and are available across England, Scotland and Wales.

Jon Cartlidge, head of member and broker strategy at Furness Building Society, commented: “Our new range of regulated buy-to-let and holiday let mortgages reflect our continued commitment to supporting brokers with competitive, flexible solutions for their clients. The new products feature a 4.65% two-year fixed rate regulated buy-to-let mortgage and we’re proud to be one of only a few lenders in the UK to offer this type of buy-to-let product.

“All applications are reviewed on an individual basis, enabling our underwriting team to review and assess each applicant’s unique circumstances and consider a wider range of complex cases.”