Furness for Intermediaries has launched two new 95% LTV deals for purchase or remortgage.

The lender is offering a two-year fix and a five-year fix, both of which have a rate of 3.59% and no fee.

The products come with a free standard valuation package for purchase customers and a free valuation and legals for remortgage borrowers in England and Wales.

Borrowers in Scotland will get a £150 contribution towards legals instead. 

Head of intermediaries Alasdair McDonald says: “We are delighted to be able to continue to support first-time buyers across England, Scotland and Wales. 

“Our criteria and approach to underwriting means that our solutions are not just about the rate, we do not credit score, we lend on new build houses, what’s more we also offer a joint borrower, sole proprietor solution to help support those trying to get on the property ladder.  

“So if you have a client who is looking to buy their first home I would invite you to contact our experienced team who are on hand to talk you through your case.”