The Cambridge teams up with Legal & General to offer revamped self-employed mortgage range
23 October 2017 • Products & Services
The Cambridge has launched two new mortgage products to support borrowers who are
self-employed or employed on a contract basis and only have one year’s accounts. Both products are available up to 80% LTV and have sub 3% interest rates.
View our full product range here.
Product Manager Dan Barker said: “The investment we’ve made in our teams mean that we have expertise in understanding all types of accounts. We will usually use the latest year’s accounts when assessing affordability and understand that there may be times when there is profit left in the company, so we will let the borrower use that retained profit. For customers with more than one year’s accounts, our full range of products remains available.”
Alongside this launch The Cambridge has also revised the pricing on its 2 year discount mortgage at 80% LTV to 1.49%. This represents the Society’s lowest ever rate and is available for loans of up to £1m.
The Cambridge’s award winning mortgage services and residential and Buy to Let mortgages are available on properties in Bedfordshire, Buckinghamshire, Cambridgeshire, Essex, Hertfordshire, Norfolk, Northamptonshire and Suffolk.
For more information contact The Cambridge’s Business Development Team by phone on 0345 601 2744 or via web chat.