The Cumberland for Intermediaries has cut its remortgage fee for all core holiday let products from £999 to £299.
This change applies across the lender’s core holiday let range, supporting landlords holding assets within either sole trader arrangements or as partnership entities.
These apply to landlords with three or less mortgaged properties within their ownership.
“Brokers are at the heart of holiday let finance, guiding their clients through the remortgage process and finding the right solutions for their needs,” said Lisa Hogdson, senior sales manager for intermediary lending at The Cumberland (pictured above).
“We know that cost is a key factor, and cutting our remortgage fee on the core range to £299 is a direct response to what we’re seeing in the market. Keeping upfront costs low makes refinancing more accessible, helping holiday let owners manage their investments more effectively.
