Furness Building Society has expanded its buy-to-let offering with a range of new and repriced products, including options for regulated and holiday-let borrowers of up to 80% loan-to-value.
The refreshed range includes a two-year fixed-rate regulated buy-to-let mortgage starting at 4.65% up to 75% LTV, while the society’s holiday-let range now features a five-year fixed-rate deal at 4.78%, also up to 75% LTV.
All products carry a £995 fee and are available across England, Scotland and Wales. Holiday-let applicants can make personal use of the property for up to 90 days a year, and the range continues to support short-term rental platforms such as Airbnb.
Furness said the new range underlines its focus on flexible lending and a personal approach to underwriting, allowing brokers to place cases that may fall outside standard criteria.
Jon Cartlidge, head of member and broker strategy at Furness Building Society, said: “Our new range of regulated buy-to-let and holiday-let mortgages reflect our continued commitment to supporting brokers with competitive, flexible solutions for their clients.
“The new products feature a 4.65% two-year, fixed-rate regulated buy-to-let mortgage and we’re proud to be one of only a few lenders in the UK to offer this type of buy-to-let product.”
He added: “All applications are reviewed on an individual basis, enabling our underwriting team to review and assess each applicant’s unique circumstances and consider a wider range of complex cases.”
