The two-year fixed-rate mortgage offers both purchasers and remortgagers an initial pay rate of 3.20 per cent, fixed until 30 April 2014, and includes an arrangement fee of £999. It also includes a free valuation and free legal service for remortgage clients. It is available for loans up to 80 per cent loan to value (LTV).
Robert McCoy, senior product and communications manager for mortgages at Sesame Bankhall Group, commented:
Once again, Furness Building Society has demonstrated its continued support for intermediaries. With the building society’s strong underwriting approach and existing relationship with PMS and Sesame members, I am sure that this exclusive product will be popular with our members.
Steven Bullock, intermediary business manager at Furness Building Society, added:
This latest product will offer excellent value for both purchase and remortgage customers and we are pleased to be offering it exclusively to PMS and Sesame members.