why choose the Cumberland?

This product is not available for holiday let properties. Please see the separate page for details of the Society's holiday let mortgages.

Your interest rate tracks the Bank of England's base rate or the Society's product floor rate* plus the agreed percentage for the first 3 years, followed by the Society's Buy to Let variable mortgage rate until the end of the mortgage.

Loan to value Bank of England's base rate or product floor rate* plus Variable interest rates Overall cost for comparison is
for the first 3 years then until end of mortgage
up to 60% 3.29% 3.79% 5.40% 5.3% APR
60.1% to 70% 3.49% 3.99% 5.40% 5.4% APR
This product is normally only available on properties located in our branch operating area.
  • an arrangement fee of £995 applies. This can be paid at the time of application or added to your mortgage account subject to the maximum LTV
  • will have to pay an early-repayment charge of 5% of the amount repaid if you repay all or part of your mortgage within the first 3 years (excluding the limit mentioned below of £5,000 each financial year)
  • interest calculated daily
  • can repay lump sums without any early repayment charge (up to £5,000 each financial year)
  • no compulsory Society insurances

*If the Bank of England base rate is 0.50% or less during the tracker period, the rate you pay will track a rate of 0.50% until the base rate rises back above this

The maximum loan size is £500,000. For loans in excess of £500,000, please contact the Society for further details.

For full details or to arrange an appointment, please contact us using any of the methods set out on the left of this page

Think carefully before securing other debts against your home.
Your home may be repossessed if you do not keep up repayments on a mortgage or any other debt secured on it

Cumberland Building Society and Cumberland Financial Services Limited are authorised and regulated by the Financial Services Authority and are entered in the Financial Services Authority’s Register under Register Numbers 106074 and 200391. This site is intended for residents of the United Kingdom only. © Cumberland Building Society 2012. All Rights Reserved.
AAA Valid XHTML 1.0 Transitional [Valid RSS]

Website Design by Creative Venom and Development by Decode.UK

Disable flash animations