Buy-to-letNews

Furness for Intermediaries cuts consumer buy-to-let rates

Furness for Intermediaries has reduced consumer buy-to-let mortgage rates by up to 1.10%.

Following the cuts the lender’s discount rate mortgages include a 2-year product at 2.09% to 65% loan-to-value and a 2-year product at 2.54% to 75% LTV. Both products carry a £1,250 product fee.

Alasdair McDonald, Furness for Intermediaries head of intermediaries, said: “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.”

Furness offers buy-to-let mortgages in England, Scotland and Wales.

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