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TODAY'S OTHER NEWS

Furness for Intermediaries cuts consumer BTL rates

Furness for Intermediaries has reduced rates on its consumer buy-to-let products by up to 1.1%.  

The new discount rate products include a two-year product at 2.09%, available at 65% loan-to-value (LTV). There is also a two-year product at 2.54%, available at 75% LTV.

Both products carry a £1,250 product fee.

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Alasdair McDonald, head of intermediaries at Furness for Intermediaries, commented: “I feel that the reduction of these rates really highlights our commitment to helping intermediaries who are looking to place a Consumer Buy to Let case.

“Our competitive products coupled with our flexible approach to underwriting means that we are able to service a wide range of Buy to Let cases, so if you have a straight forward case or even something a bit quirky then I would invite you to talk to us. After all it is our job to make yours easier.”

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