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Furness Building Society – 2-Year BBR + 3.19% Tracker

Furness Building Society – 2-Year BBR + 3.19% Tracker

Tracker term: Two years

Tracker rate: 3.19% above the Bank of England base rate

Payable rate: 3.69%

Minimum Loan: £20,000

Maximum Loan: up to 80% of valuation subject to a maximum of £250,000

Income multiples: Up to 4.5 times principal income plus second or 3.25 times joint

Conditions: Capital repayments of up to 10% a year allowed without penalty, free valuation up to £325 and free legal fees for remortgages if in- house solicitors used, otherwise £150 contribution towards legal costs, available direct and through intermediaries, not available for properties in Northern Ireland

Arrangement fee: None

Redemption fee: 3% of the original loan in the first two years

Introducer’s fee: 0.35% of the original loan subject to a £100 minimum and a £1,750 maximum

Tel: 0800 220568

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