Commercial mortgage service for brokers
We aim to build strong relationships with brokers, offering holiday let, buy-to-let and hospitality business mortgages
For all enquiries please contact us on
(01228) 403 135
Key lending criteria
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Tenure
Properties can be freehold or leasehold with a minimum of 85 years left on the lease at the start of the mortgage and 50 years on maturity.
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Income
No minimum income or home ownership required, except where specified on particular products. We consider background income and asset/liability position.
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Fees
Arrangement fees will apply. Legal and valuation fees are met by borrowers for all Cumberland Business mortgages.
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Limited Companies
Limited Company borrowers must be incorporated in the UK and beneficial owners must be resident in the UK.
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Residency
Individual borrowers must be resident in the UK.
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Construction
We are unable to mortgage property which is a temporary or movable structure.
Your mortgage is secured on your property. Think carefully before securing other debts against your property. Your property may be repossessed if you do not keep up repayments on your mortgage.
