The Cumberland has been named the Best Regional Building Society at an industry awards ceremony.
The Mortgage Finance Gazette awards awarded the title to the Cumberland, in recognition of it offering the most consistently competitive mortgage rates over the previous 12 months.
It is the seventh time the Cumberland has received the accolade.
The award is the business’s second national mortgage award this year, as it was named Regional Lending Provider of the Year by Moneyfacts in June.
Des Moore, chief executive at the Cumberland, said, “To win this award for the fifth successive year is continued proof of our commitment to providing great value mortgages.
"As the award is based on the actual cost of a mortgage rather than the ‘headline’ rate it recognises the most competitive mortgage provider."
The award marks the end of another successful year for the Cumberland, which saw the region’s largest building society announce record mortgage lending figures, launch its pioneering Research Hub, offering people from the region the opportunity to help shape the future of its branch network, and introduce Freedom, the UK’s first current account for apprentices.
Comments: Our rules
We want our comments to be a lively and valuable part of our community - a place where readers can debate and engage with the most important local issues. The ability to comment on our stories is a privilege, not a right, however, and that privilege may be withdrawn if it is abused or misused.
Please report any comments that break our rules.
Read the rules here