Furness increases maximum LTV to 95%
Furness for Intermediaries has increased the maximum LTV in Scotland to 95% on standard residential cases and 80% LTV for self-build properties.
With the newly unified criteria, brokers throughout mainland UK will have full access to their product range with pay rates as low as 1.24% at 75% LTV.
Head of Products, Euan Ballantyne, said: “Having listened to feedback from brokers, it’s fantastic that we are now able to provide our full product range north of the border. As one of a relatively small number of building societies supporting the Scottish market in the 90% and 95% LTV brackets, brokers can now have an additional choice when placing business at a higher loan to value.”
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