Furness BS has lit up the mortgage market with an excellent new discounted mortgage.
The New Discounted Variable Rate Mortgage offers a rate of 4.99% for three years (discount 0.45%) and a maximum loan-to-value of 90%. There is no fee to pay and an incentive of £250 rebate for house purchase.
Remortgagors are offered free valuation (maximum £335) and free legal fees in England and Wales or £150 towards legal fees in Scotland.
Overall this is an excellent package which sees this product entering the Moneyfacts Best Buys.
Four out of five Moneyfacts stars have been awarded.
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