Furness BS launches buy-to-let and holiday let products

The lender’s newly launched BTL products cater to regulated, unregulated, and consumer BTL borrowers.

Related topics:  Finance,  Landlords,  BTL,  Holiday Lets
Property | Reporter
27th November 2024
Holiday Let 925
"We’re particularly excited about our holiday let products, which combine competitive rates, flexibility in personal use, and the ability to accept Airbnb properties"
- Jonathan Cartlidge - The Furness

The Furness has announced that it has launched a new range of products for borrowers across England, Scotland and Wales.

The lender's new two-year products have rates starting at 4.84% for cases up to 65% LTV and 5.04% up to 75% LTV, with a £995 fee. Holiday let clients can also access a two-year fixed rate at 5.28% up to 65% LTV and a five-year fix at 5.18% up to 75% LTV, both carry a fee of £995. 

The holiday let products allow up to 90 days of personal use per year, with acceptance of Airbnb properties and a tailored approach to affordability.

All products in the range include £250 cashback.

Jonathan Cartlidge, head of member and broker strategy at The Furness, commented: “We’re delighted to launch our offering with this new range of products. Our comprehensive buy-to-let range caters to regulated, unregulated, and consumer cases, providing solutions that suit a variety of borrower circumstances.

"We’re particularly excited about our holiday let products, which combine competitive rates, flexibility in personal use, and the ability to accept Airbnb properties. Coupled with our commitment to understanding individual circumstances, our experienced and friendly underwriters assess each case on its merits to deliver professional and personal service for brokers and their clients.

"With over 10 years of experience in the holiday let market, Furness continues to provide trusted lending solutions with a flexible, customer-centric approach.”

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