Cumberland BS has reshuffled its fixed rate mortgage range to positive effect.
Its three-year fixed rate deals have received the biggest rate reduction, with the mortgage available at 75% loan-to-value for house purchases now priced at 3.17% to 1 November 2014 (its predecessor had a rate of 3.66%).
The deal has a fee of £199 for first time buyers or £599 for second timers, while benefits include a refund of the valuation fee (up to a maximum of £260), £250 towards costs and a £100 cash rebate.
Even though the rate is not the best available in the market, the overall package makes it an attractive proposition.
Four out of five Moneyfacts stars have been awarded.
Disclaimer: Information is correct as of the date of publication (shown at the top of this article). Any products featured may be withdrawn by their provider or changed at any time.
Moneyfacts.co.uk will, like most other websites, place cookies onto your computer’s
hard drive. This includes tracking cookies.