MI launches two-year Furness tracker

Available for all Appointed Representatives and Directly Authorised members of Mortgage Next and Mortgage Intelligence this product is available for purchase and remortgage at a maximum of 80% LTV.

A free valuation and free legals are available for remortgages and borrowers can overpay by 10% per annum.

Sally Laker, managing director, Mortgage Intelligence Holdings, commented: “The competitive rate, low fees and high LTV on this exclusive product will I’m sure prove extremely attractive to our members. All Mortgage Intelligence and Mortgage Next members will receive an enhanced procuration fee on this deal which is promptly paid to them on case completion. We are delighted to have been selected as the sole distribution channel for this product and look forward to continuing to work closely with Furness Building Society.”