Furness Building Society
Furness Building Society

Furness Building Society

Choosing Furness means working together to ensure a smoother mortgage experience for you and your clients.

Working collaboratively, we’ll provide a personalised service combined with our unique approach to underwriting. Through this joint approach, we’ll help you secure mortgage solutions for even the most challenging cases.



Proc Fees

Product Gross Net
Residential & BTL 0.40% 0.38%
Product Transfers 0.3% 0.28%
Product Type When does the lender pay PMS? Frequency
All The first Friday 10 working days following completion. Weekly.

Lenders send payments by BACS which can take anything up to 5 working days to clear at PMS. PMS then make payment to brokers once the funds have cleared in our account.  


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Register to place business with Furness Building Society:

*Please select that you are a PMS Mortgage Club member when registering, placing business or checking existing payment route to ensure you receive the procuration fee quoted by PMS.

  • We lend in England, Scotland and Wales.
  • Up to 95% LTV lending with no credit score, including new build houses, pound for pound Re-Mortgages & JBSP.
  • Day 1 Residential Re-Mortgage (no six month rule)
  • Use 5% of SIPP Fund if not drawn down for affordability, applicants need to be 55 or over.
  • Complex Self Employed
    • Limited Company shareholding directors assessed using share of profit BEFORE tax
  • Short Term Lending
    • 60% LTV ERC free 24 month term
    • Serviced Interest only
    • Used for non-simultaneous sale and completions
  • Affordability Based Buy To Let using income rather than ICR’s
  • Regulated (Family) Buy To Let
  • Holiday Lets
    • Allow clients to occupy property for 90 days per annum 
    • Air B n B considered