Cumberland BS reshuffles mortgage pack - Mortgages - News - Moneyfacts

News

Moneyfacts.co.uk News brings you the latest financial & economic news & reviews of the best products in the UK by our team of money experts.

Cumberland BS reshuffles mortgage pack

Cumberland BS reshuffles mortgage pack

Category: Mortgages

Updated: 26/08/2011
First Published: 26/08/2011

MONEYFACTS ARCHIVE
This article was correct at the time of publication. It is now over 6 months old so the content may be out of date.

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.

Find the best mortgage for you - Compare fixed rate mortgages

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 Any products featured may be withdrawn by their provider or changed at any time.

Related Articles

Homemover numbers fall for first time since 2011

The mortgage market enjoyed a record year in 2016, so it may come as a surprise to hear that the number of people moving home has fallen for the first time in five years, with fewer apparently taking advantage of the market.

2016: the best year for remortgaging since 2009

Remortgaging has certainly seen a surge in activity of late, helped in no small part by the dramatic drop in mortgage rates over the last year, so much so that 2016 as a whole proved to be the best year for the sector since 2009.

Homeowners underestimate remortgaging savings

Remortgaging has been enjoying a surge in popularity in recent months, and considering how much you could save, it’s a no-brainer! Unfortunately, many fail to realise the extent of potential savings, which could mean too few make the switch.
 
Close