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5 Star mortgage from Furness BS

5 Star mortgage from Furness BS

Category: Mortgages

Updated: 12/02/2013
First Published: 12/02/2013

This article was correct at the time of publication. It is now over 6 months old so the content may be out of date.

Furness Building Society has reviewed its mortgage range, with the market-leading three-year fixed rate entering the Moneyfacts Best Buys.

The basics…

At 3.69% fixed to 31 May 2016, this three-year mortgage is available to borrowers with at least a 15% deposit. It also charges a reasonable fee of £499.

The finer details….

Applicants must borrow a minimum of £50,000 up to a maximum of £500,000.

Borrowers who are remortgaging will also benefit from a generous incentive package, including: free valuation fees (up to a maximum of £335) and free legal fees or £150 towards legal fees.

Why we like it….

Furness BS's three-year fixed mortgage offers the lowest rate at this loan-to-value tier (85%) – its nearest competitor charges 0.10% more and comes with a higher fee. The comprehensive incentive package for those remortgaging will further boost its appeal.

This market-leading product has been awarded five out of five Moneyfacts Stars.

What Next?

Compare the best three year fixed rate mortgages

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Disclaimer: Information is correct as of the date of publication (shown at the top of this article). Any products featured may be withdrawn by their provider or changed at any time.