Cumberland Building Society has been named ‘Best Regional Building Society’ at the Mortgage Finance Gazette awards held in London on Wednesday 12 November.
The title is awarded to the building society that offers the most consistently competitive mortgage rates over the course of a year. The Cumberland was also highly commended in the ‘Overall Lender’ category, which includes all of the major national banks and building societies.
Peter Temple, Sales & Marketing Director at the Cumberland, said, “We are delighted to again be awarded the title of the UK’s ‘Best Regional Building Society’. We aim to provide our customers with great value-for-money mortgages and it is particularly pleasing when this is recognised by an independent organisation at a national level.”
He continued, “Mortgage Finance Gazette take the entire cost of a mortgage into account, including arrangement fees, when they make their award. This is important as many ‘best buy’ tables simply rank products according to the initial interest rate, which can give a misleading impression of the actual cost.”
The award was presented by Joanne Atkin, editor of Mortgage Finance Gazette.
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