Our experience in lending to the hospitality industry in the Lake District and other beautiful parts of the UK is invaluable for anybody looking to invest in holiday let or running a guest house.
Our latest survey on the UK holiday market has revealed that 86% of holiday accommodation owners say they have invested in their business during the pandemic, with 94% saying they have made a long‐lasting, positive change.
Following our recent positive changes to our holiday let product pricing, we are now pleased to reintroduce our 2-year fixed product, available at 3.84 per cent with a maximum 75% LTV on holiday let mortgages offered throughout the UK.
A Lake District entrepreneur who decided to take a risk and press ahead with investments in his adventure business despite lockdown uncertainty is reaping the benefits.
Your eligible deposits with Cumberland Building Society are protected up to a total of £85,000 by the Financial Services Compensation Scheme, the UK's deposit protection scheme. Any deposits you hold above the limit are unlikely to be covered.