At The Cumberland, we're pleased to offer a range of Holiday Let mortgage products. We have over 25 years’ experience of lending in the Holiday Let lending sector, providing a dedicated Relationship Manager contact for you along with an efficient service to help you deliver a Holiday Let mortgage product to suit the needs of your client.
Our underwriting is manual, meaning we can handle complex and unusual cases. We consider cases that many other lenders don't, including multiple letting units on one title, properties across split titles, limited companies and more.
Relationship Manager:
Mark McManus
07917 552223
[email protected]
Our underwriting is manual, meaning we can handle complex and unusual cases. We consider cases that many other lenders don't, including multiple letting units on one title, properties across split titles, limited companies and more.
Why choose The Cumberland?
- We provide lending for Holiday Let properties of traditional construction on the mainland UK
- We offer mortgages up to 75% LTV
- We lend to first-time holiday let investors
- We finance properties in the name of individuals or a limited company
- We can consider inter-company loans as a source of deposit
- Top slicing is available, subject to additional criteria
- Mortgage terms available to age 85
Our Intermediary team can consider applications from you, on behalf of your clients in the following circumstances:
- Borrowing in personal names*
- Borrowing through a limited company *
- Maximum of 6 investment properties on completion*
- Total mortgage exposure of £2m with The Cumberland*
- Property has a maximum of 3 properties on one title/estate*
- Property has less than 12 acres of land*
Relationship Manager:
Mark McManus
07917 552223
[email protected]
Proc Fees
| Product | Gross | Net | ||
|---|---|---|---|---|
| Holiday Let (New Borrowing) | 0.40% | 0.38% | ||
| Holiday Let (Product Transfers) | 0.20% | 0.18% |
- 01228 403 312
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How to Register
Registering for the first time:
At The Cumberland, we want to make the process of submitting an application as straightforward as possible, so we don't ask you to register with us until you submit your first full application. Please click here to register!You will be able to select Paradigm as your payment route as part of the Registration process.
Add Paradigm as payment route:
Complete a new Registration form to amend the payment details.
THIS SITE IS FOR PROFESSIONAL INTERMEDIARY USE ONLY AND NOT FOR USE BY THE GENERAL PUBLIC.
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Paradigm Mortgage Services LLP
Office address: 1310 Solihull Parkway, Birmingham Business Park, Birmingham B37 7YB
Registered in England and Wales. Company No: OC323403. Registered Office: Paradigm House, Brooke Court, Lower Meadow Road, Wilmslow, SK9 3ND
Paradigm Mortgage Services LLP is a Limited Liability Partnership.