The Cambridge rolls out even more attractive residential mortgage rates

4 May 2018 • Products & Services

The residential mortgage range offered by The Cambridge Building Society has been refreshed to offer a better deal for those looking to remortgage as well as those hoping to buy their first home.

Rates have been reduced by up to 0.50% across the 2 year residential range and with fees reduced by up to £500 to give more options for borrowers.

Fees have been removed completely on the 2 Year Discount, for existing customers looking to product switch or borrow additional funds, while the maximum loan on both the 2 Year Fixed and Discount products has increased to £2m.

The product range can be see here.

Product Manager Dan Barker said “As a forward thinking building society we are constantly looking at what we offer and how we can improve products for borrowers. This refresh has some very exciting and competitive options for buyers across the board.”

Head of Lending Tracy Simpson commented that “The team expects this refresh to generate a lot of interest as borrowers look for the best deal to suit their circumstances. By updating rates across all LTV tiers we anticipate interest from 2nd Steppers as well as First Time Buyers looking to get on the property ladder. These changes come hot on the heels of our new shared ownership range recently launched.

“With the maximum loan size increasing to £2m I’m confident we’re providing appealing products to suit more borrowers and the team are looking forward to helping even more people make the next step on their home ownership journey.”