Cumberland offer 2 year discounted remortgage rate.

Cumberland Building Society are offering a discounted remortgage rate.

The details are:

1.68% discounted from 3.8% for 2 years, for up to 80% LTV.

The arrangement fee can be added to the mortgage, and free legal services and valuation fees are also included. The lenders’ variable rate of 4.24% applies after the discounted period.

The last year has been very good for those seeking a remortgage. Homeowners have been able to make considerable savings on their repayments, by taking advantage of the record low mortgage rates that were available.

However, the rising costs of swap rates since August 2016, may have already signalled the end of these historic lows. Some lenders have already reviewed their rates and increased them, however, that is not to say that all lenders are imposing rate increases right now.

Cumberland is one example whose rates remain extremely competitive, for the moment. Other lenders may also be offering a remortgage that suits you and your individual requirements better. To find out which ones, the advice is to contact mortgage broker, Deal Direct.

We can help you source the mortgage that works best for you. As a ‘whole of market’ broker, we have UK wide access to lenders’ ranges. We are also fully independent, which means you can count on our advice being unbiased and in your best possible interests.

Click blow for an instant online quote, or call us to speak to one of our mortgage professionals.

Discuss your remortgage options today on 0800 048 8828.