Cumberland Building Society

Cumberland Building Society

Phone: +44 (0)845 601 8396
Email:
Name

2 year fixed rates

Benefit
If you live outside Cumberland Building Society branch operating area the maximum LTV for this product is 75%.
Loan Amount
£500,000
Details
Option-1
You:
-can add the arrangement fee to your mortgage, subject to maximum LTV. This must be paid initially on application and if you choose to add this to your mortgage, it will be refunded upon completion of the mortgage
-can repay lump sums without any early repayment charge (up to 10% per annum each financial year (1 April - 31 March) of the outstanding balance as at 1 April each year) - full details will be found in your KFI and mortgage offer
-will have to pay an early repayment charge of 3% of the amount repaid if you repay all or part of your mortgage before 2 May 2015
-must have your main current account with the Society if you are borrowing over 85% loan to value.

Option-2
You:
-can add the arrangement fee to your mortgage, subject to maximum LTV. This must be paid initially on application and if you choose to add this to your mortgage, it will be refunded upon completion of the mortgage.
-can repay lump sums without any early repayment charge (up to 10% per annum each financial year (1 April - 31 March) of the outstanding balance as at 1 April each year) - full details will be found in your KFI and mortgage offer
-will receive a refund of basic mortgage valuation fee (up to £260)
-will receive a £250 contribution towards your legal fees
-will have to pay an early repayment charge of 3% of the amount repaid if you repay all or part of your mortgage before 2 May 2015
-must have your main current account with the Society if you are borrowing over 85% loan to value.
Featured
Yes

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