Cumberland’s fixed rate mortgage feast - Mortgages - News - Moneyfacts

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

Cumberland’s fixed rate mortgage feast

Cumberland’s fixed rate mortgage feast

Category: Mortgages

Updated: 14/01/2010
First Published: 14/01/2010

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 It is now over 6 months old so the content may be out of date.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 brought home the bacon by reducing rates on its higher loan to value five year fixed rate mortgages for house purchases.

Standing out from the crowd is a deal that now offers a rate of 6.29% to 1 March 2015.

Available up to 90% loan to value for first time buyers only, it is now the market leader, albeit in a limited field.

Widening its appeal further, a slightly higher rate of 6.41% is also available to those first time buyers looking for an incentive package.

A cracking rate sees this product earn four out five Moneyfacts stars.

Compare fixed 5 year 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 Any products featured may be withdrawn by their provider or changed at any time.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.