Furness Building Society

​​​​​​​​​Furness Building Society offer intermediaries a nationwide service throughout England, Scotland and Wales.

Their underwriters manually look at each application, so they can offer flexibility to you and your customers. Furness recognise that many applications, even though they represent a low risk, are unsuitable for automated underwriting.

Procuration Tables

Gross fee paid by lenderProcuration fee to intermediary

Residential 0.40%
Buy to let 0.40%

  All information correct as at 04/03/2019

Residential 0.38%
Buy to let 0.38% 

All information correct as at 04/03/2019


  • The Furness BS will lend in England and Wales up to 90% LTV
    and 75% LTV in Scotland
  • Each case is individually assessed by experienced underwriting staff
  • They do not use credit scoring to assess applications
Self-employed applicants:
  • They have experienced ‘commercially’ minded underwriters who understand financial accounts. Very often they can base their assessment on the most recent years figures if they are increasing
  • Directors of limited companies – income is normally assessed based on directors remuneration and directors share of net profit before tax

Buy to let applications:

  • Individual underwriting available to 75% LTV (including fees)
  • First time landlords a​ccepted
  • Applicants must be homeowners
  • Minimum​ Income - £20,000
  • Rental cover – 125% of monthly pay rate and 100% at MVR
  • Affordability assessed on all BTL applications 

Let to buy (onward purchase):

  • Applications normally considered to 80% LTV with consent to let and ARLA rental assessment


Furness Building Society
1-55 Duke Street
LA14 1RT

For enquiries

Stephen Breen - RDM Cumb​ria & North East
07764 464 595 | [email protected]
Tina Bowles - RDM North West
07712 815 998 | [email protected]
Phil Lawford - RDM Midlands & South
07712 815 999 | [email protected]

Call: 0800 781 4311

Registration process

Please visit www.furnessbs.co.uk/intermediaries
and download the "join our panel" form then send it in with your first application.​