REMORTGAGE WITH THE CUMBERLAND

By remortgaging with The Cumberland, you’ll discover our brand of award-winning, relationship-managed service and common-sense lending.

If you already own a holiday let and are looking to remortgage, The Cumberland could help. We make lending decisions based on real people, not computers - so we often consider cases that others won’t. Our relationship managers are equipped with real industry knowledge and expertise, who will take the time to understand you and your Holiday Let.

Below, we’ve outlined the types of applications we can consider from you, and the products that apply to each.

Core product	Specialist product	Specialist+ product
Sole Trader & Partnerships	Limited Company Special Purpose Vehicle or Limited Liability Partnership Special Purpose Vehicle without personal guarantee	Trading Business (Entity type sole trader, partnerships, Limited Company, Limited Liability Partnership)
Limited Company Special Purpose Vehicle or Limited Liability Partnership Special Purpose Vehicle with personal guarantee	Security address above Commercial property	Complex Security (i.e. layered structures, cross company guarantees)
3 or less mortgaged buy to lets and holiday lets in portfolio	4-8 mortgaged buy to lets or holiday lets in portfolio	9 or more mortgaged buy to lets or holiday let properties in portfolio
	HM Land registry includes more than one letting unit on the title up to 3 letting units Max.	Real Estate property developers

Maximum of 20 properties in portfolio (total number of properties includes Buy to Let/Holiday Let/Commercial investments).

If your client’s application falls outside the above criteria, our Commercial Team may still be able to assist and can consider more non-standard cases such as:

• Property occupancy restrictions
• More than 12 acres of land
• 4 or more letting properties on the title/estate
• Where there is a commercial element with shared facilities (swimming pool, play barn, shop)
• Property Class C1/Sui Generis

Please note that all such applications are subject to commercial pricing and criteria.

Please contact our Commercial team who may be able to help.