Cumberland remortgage deals offer free standard legal fees if you use a solicitor we’ve nominated, and a free standard valuation. *Excludes customers where borrowing amount is greater than £750k and all Buy to Let remortgage products. T&C’s apply.
Beyond the finance, obtaining a mortgage can mean so many things – like spreading your wings or starting a family. Our mortgage hub is here to help with some useful information to get you started on your journey.
Whether it is residential or commercial, we will always try to help. Our Money Worries Hub contains useful information about how we might be able to help.
Standard and Non-Standard Legal Fees
Standard legal fees do not cover everything, and we call anything that isn't covered non-standard. Loans above £750k, transfer of equity, income booster mortgages, shared ownership, affordable homes and consolidation of two CBS mortgages are a few examples of work not included in standard legal fees, but for clarity the best thing to do is to speak to one of our mortgage advisors
Try our handy mortgage calculator now. You can compare monthly payments too.
Our mortgage advisors will be here for you every step of the way. Book your telephone or branch appointment today.
Buying a home is a big step and there’s a lot to consider.
Finding out how much you can borrow is a great place to start. It allows you to narrow down your search to the properties within your budget, ready for when the house hunt begins. You can find out how much you could borrow by visiting our mortgage calculator.
The quickest way to speak to a mortgage advisor who can potentially help you get on or move up the property ladder, or remortgage, is to Book an Appointment.
There are a number of reasons why you should consider remortgaging.
Remortgaging could save money on your mortgage payments, and ensure you are getting the best deal available to you.
If you’re paying your lender’s standard mortgage rate (SVR) and you’ve still got a few years left on your mortgage, you could save money by reducing your monthly payments.
If it’s been a few years since you took your mortgage out, it’s possible your property has increased in value while you’ve been paying your mortgage off. If you have a small mortgage and a property that’s worth more you may be able to get a better mortgage deal.
If you know roughly what your property is worth, have a look at our mortgage calculator to see what deals are available to you. If you’re not sure, give us a call on 01228 403141.
To borrow more you will need to have some equity in your property, i.e. your mortgage is less than 90% of the value of your property, you may be able to release some of the money tied up in your property up to a maximum of 90 %. Find out what your monthly payments may be with our mortgage calculator, or give us a call on 01228 403141.
Each remortgage is different, but normally remortgages take a minimum of 1-3 months to complete (this covers both you receiving your mortgage offer and completion of the legal work involved with remortgaging). To ensure we have plenty of time for the remortgage to be processed, we recommend getting in touch at a minimum 3 months before your current deal ends.