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Cumberland Building Society – 4-Year 3.99% Fixed Remortgage – Direct

Cumberland Building Society – 4-Year 3.99% Fixed Remortgage – Direct

4-Year 3.99% Fixed Remortgage – Direct

Type: Fixed-rate remortgage

Fixed term: Until April 1, 2015

Fixed rate: 3.99%

Minimum loan: No minimum

Maximum loan: Up to 75% of valuation subject to a maximum of £750,000

Income multiples: Based on affordability

Conditions: Capital repayments of up to £5,000 a year allowed without penalty in the fixed-rate period, free valuation, fee legal fees, available to local properties only, £250 cashback for Cumberland current account holders or those who switch their current account to the Cumberland

Arrangement fee: £599

Redemption fee: 4% of the amount repaid in the first two years, 3% in year three, 2% in year four

Introducer’s fee: None

Contact: www.cumberland.co.uk

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