The Cumberland for Intermediaries has slashed the remortgage fee on all core holiday let products from £999 to £299.

This applies across the lender’s core holiday let range for clients who own holiday let property within sole trader or partnership entities with three or fewer mortgaged properties within their ownership.

Lisa Hodgson (pictured), senior sales manager for intermediary lending at the Cumberland, said: “Brokers are at the heart of holiday let finance, guiding their clients through the remortgage process and finding the right solutions for their needs.

“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.

“We’ve always worked closely with brokers to offer competitive products and a service that makes a difference. Every case is manually underwritten, so there’s no blanket approach, just lending decisions made with care, expertise, and a clear understanding of each borrower’s position.

“Whether it’s experienced investors or first-time entrants to the holiday let sector, we provide straightforward, reliable financing that supports long-term growth.”