Tag: Furness Building Society
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Mortgage Rate Cuts from Furness
Furness Building Society has cut mortgage rates by up to 0.25% for both residential and buy-to-let borrowers. This is welcome news for anyone looking to buy a home or expand their property portfolio. The cuts apply to fixed-rate products across a range of loan-to-value ratios (LTVs), meaning that there are savings to be made for…
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As Mortgage Rate Rises Return, What Are The Best Deals This Week?
The average UK property is now worth £293,000 – that’s a hefty 1.5% jump in just one month (up to August) and 2.8% higher than a year ago, says the UK House Price Index. This property price rise is probably linked to the fact that mortgage rates have been falling recently, encouraging more people to…
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House Prices Rise as Mortgage Rates Fall – What are the Best Deals This Week?
Halifax’s latest House Price Index revealed that house prices have seen their biggest jump since November 2022. In the year leading up to September, prices shot up by 4.7%, meaning the average UK home will now set you back a cool £293,399. Don’t panic! Amanda Bryden, the brains behind mortgages at Halifax, wants you to…
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Mortgage Rate Cuts Give Homebuyers and Landlords a Boost at Furness Building Society
Furness Building Society has announced a range of mortgage rate reductions. One of the most eye-catching deals is a two-year fixed-rate mortgage at 4.39%. This is available for those buying a home with a deposit of at least 20% (80% loan-to-value). Borrowers can potentially secure a loan of up to £800,000, with no upfront application…
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Furness Building Society Slashes Fixed Rates
Furness Building Society has announced cuts to their fixed-rate mortgages for both homeowners and landlords, with some rates dropping by as much as 0.35%. This could mean significant savings for those looking to buy a home or remortgage their existing property. Here are some of the key reductions for homebuyers: What about fees? Some of…
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New Low Deposit Mortgages from Furness Building Society
Furness Building Society has launched a new range of mortgages designed to help people buy new-build homes with just a 3% deposit. The mortgages are available through the Own New scheme, which sees housebuilders contribute towards the cost of your mortgage. This contribution is then used to reduce your monthly payments for the first two…
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This Week’s Best Mortgage Rates – 18th July 2024
Mortgage rates are falling, which means cheaper deals for homebuyers and those looking to remortgage. Here’s what you need to know this week. There’s good news for anyone looking to buy a house or remortgage, as some of the UK’s biggest lenders have been slashing their rates. Over the past week, Halifax, TSB and Barclays…
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Furness Building Society Reduces Mortgage Rates
Changes at Furness could mean saving hundreds on your mortgage – here’s what you need to know. In a piece of good news for homebuyers and landlords, Furness Building Society has announced a significant cut in mortgage rates, with some slashed by as much as 0.24% Here’s the breakdown: For Homebuyers: For Buy-to-Let Landlords: What…
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Mortgage Rate Cuts from Furness Building Society
Furness Building Society has announced cuts to its fixed-rate mortgages for both residential and buy-to-let properties. The biggest drops are on two and five-year fixed-rate deals: These deals are available for loans up to 80% of the property value. So, for example, if you’re buying a £200,000 home, you’ll need a deposit of at least…
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“Own New” – Sub-1% Mortgage Rates Now Available for New Builds
Own New has unveiled a mortgage scheme that harks back to the near-record low rates of Autumn 2021. But there’s a catch – these dreamy rates are exclusive to new-build home buyers. Dubbed the “Rate Reducer” scheme, this innovative offer promises to make homeownership more accessible and affordable, especially for those willing to invest in…