Fixed-rate online product launched by Furness

A 1.68% 3 year fixed rate online exclusive has been launched by Furness Building Society.

The 80% LTV Product, with a £995 fee that can be added to the loan or paid up front, is available for both purchase and remortgage cases. A free legal package is offered on all remortgages.  

This new deal can be found exclusively on the firm’s newly launched online facility, which includes a Decision in Principle (DIP) tool. This allows experienced underwriters to still assess cases on an individual basis. 

“To further improve our range of fixed rate products we are excited to launch this attractively priced 3 year fixed rate,” Sue Heron, Marketing and Sales Director, said.

“We think the new online facility has the best of both worlds, a fantastic user friendly submission route for mortgages combined with the traditional “talk to us” approach that the Furness continues to operate.”   

She added: “We know that many of our intermediary partners will welcome this move and we are delighted that we’ve been able to provide them with an online facility which will make it much easier to submit business.”