95% LTV mortgage products set to launch in support of growing demand
22 April 2021 • Products & Services
The Cambridge Building Society is set to launch 95% LTV mortgage products to support the growing demand from those with a 5% deposit.
The range will be available from Wednesday 5th May.
The new products from The Cambridge include 2 year discount, 2 year fixed and 5 year fixed options, has rates starting at 3.89% and no completion fees. The enhanced low deposit products from The Cambridge complement their 90% LTV range launched six months ago and aims to help First Time Buyers and those seeking to move home with smaller deposits. Products can be found by clicking here.
Kathy Bowes, Intermediary Manager at The Cambridge comments “We’ve been able to support a large number of intermediaries and their clients over the last 12 months, but we know the 95% LTV options have been limited. We’re excited to be offering even more choice by further enhancing our low deposit options and making home ownership more attainable.”
The Intermediary Team expect demand for these products to be high and encourage their intermediaries to get in touch about their 95% LTV cases.
The 5 year fixed is available whole of market, the 2 year discounted and 2 year fixed are available via Cambridge Select Intermediaries only.
For more information contact the team today.