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Furness reduces rates on buy-to-let and holiday let range

Furness Building Society has refreshed its buy-to-let and holiday product ranges, which includes cutting two-year rates by up to 0.56%.

The intermediary arm of the society has launched two-year discount buy-to-lets with a rate of 1.84% to 65% loan-to-value (LTV) and 1.99% to 75% LTV, both subject to a £995 fee.

Furness’ two-year discounted holiday let products include a 2.24% rate at up to 65% LTV and a 3.39% rate at up to 75% LTV, also subject to a £995 fee.  

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Alasdair McDonald, head of intermediaries at Furness, said: “We are proud to offer continued support to our intermediary partners and we recognise the need for products with a competitive rate especially in the Buy to Let sector.

“We feel that our improved product range highlights our commitment to the BTL market.”

 

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