News 27.11.23

Twenty7tec adds The Cumberland Building Society to SOURCE

We have added The Cumberland Building Society to our SOURCE module, giving advisers access to a broader range of mortgage products.

The Cumberland Building Society currently offer Holiday Let mortgages to the whole of the UK, as well as Residential lending to brokers located within their core operating area, including Cumbria (CA and LA postcodes), Southwest Scotland (all DG and TD9 postcodes), North Lancashire (all PR FY LA BB1-BB2 and BB5-BB7 postcodes) and West Northumberland (NE34-49). Their operating area will grow over time as they evolve their distribution strategy.

Nakita Moss, Lender Relationships – Team Manager at Twenty7tec commented:

“We’re pleased to be working with The Cumberland Building Society and welcome the opportunity to assist with their presence in the Intermediary space.

Cumberland are known for their presence in the Holiday Let Market and are now expanding their residential offering whilst offering a personal touch approach to intermediaries through their intermediary team, applying a common-sense approach to each case.

Home mover, First Time Buyer and Remortgage residential product ranges will be available to SOURCE via our Twenty7tec Velocity platform. In addition, The Cumberland Building Society criteria will be available to search alongside their products, providing certainty to users earlier in the research process.

Grant Seaton – Head of Intermediary Lending – The Cumberland Building Society, noted:

“We’re delighted to now feature our Intermediary residential mortgage range on Twenty7tec, helping us to expand our presence in the Intermediary market while also making our relationship-focused service more accessible to the broker network.”