Furness joins the Legal & General Mortgage Club panel

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The Furness Building Society product line includes up to 95% loan-to-value ratio with no credit check and affordability is tested based on actual rates rather than ONS.

The lender also handles complex cases including self-employed and short-term loans in England, Scotland and Wales.

Using income rather than ICRs, Furness also offers rental products, including regulated, family, and vacation rentals, allowing borrowers to occupy the property for 90 days a year, with AirBnB also factored in.

Danny Belton, Lender Relations Manager at the Legal & General Mortgage Club, said: “In an effort to connect our brokers with a wide range of high quality lenders, we can now announce the addition of the Furness Building. Society at Legal & General. Mortgage Club sign.

“Furness Building Society’s approach to helping borrowers get the specialty mortgages they need makes this a fantastic addition, benefiting brokers and their clients. “

Alasdair McDonald, Head of Intermediate Mortgages at Furness Building Society, said: “We are committed to helping more clients own their own homes, and being part of the Legal & General Mortgage Club lending panel will allow us to do our Intermediate mortgage based solutions offers available to a greater number of brokers across England, Wales and Scotland.

“Our mortgage intermediary offering is constantly evolving, based on the valuable feedback from brokers, and this new partnership allows us to continue this adventure and shows our commitment to the mortgage broker market.”

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