Furness for Intermediaries has launched two new five year fixed rate buy to let products to strengthen its product range and its commitment to this sector of the market.
The first is a regulated (family) buy to let product priced at 3.75%. The second is an unregulated buy to let product at 3.20%. Both products have a maximum LTV of 75%.
The products carry a fee of £1,495 with a maximum loan size of £500,000 and a free legal and valuation package for remortgages in England and Wales. Furness are happy to accept applications on an interest only basis for both regulated and unregulated buy to lets.
Head of Intermediary Distribution, Barry Fitzsimmons says “We’ve looked at the market and listened to our intermediary partners to create a product range which we feel is comprehensive and supports landlords with their choice of mortgage product whilst providing a solution for brokers and their clients.
