Furness BS reducesresiand landlord fixes Mortgage Finance Gazette

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Furness Building Society has cut selected fixed-rate mortgages across its residential and landlord ranges.  

The move from the mutual includes a two-year fix at 4.29% for residential mortgages up to 90% loan to value. 

It has also refreshed its shared ownership range, with a five-year fix at 4.17% at 85% loan to share (75% LTV). 

All of the firm’s products come with £250 cashback and are available on properties across England, Scotland and Wales. 

The lender adds that it “continues to support cases that don’t always fit a standard profile,” using manual underwriting on every application and no credit scoring.  

It also offers one-to-one support from a dedicated business development manager and direct access to underwriters. 

Furness Building Society head of member & broker strategy Jonathan Cartlidge says: “At Furness, we know that every case is unique. We’re here to help brokers find solutions, whether it’s for a straightforward case or something more complex.”