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Cambridge Building Society announces new mortgage range

The Society said that some of the key changes have been made to ensure intermediaries are getting an overall improved proposition when doing business with The Cambridge.

They include reduced application fees on all core fixed rate mortgage products and 90% LTV offering across the entire fixed residential product range.

There are now five year fixed rate mortgages from 3.69%, previously from 3.79% and fee free remortgage products from 3.89% that were previously from 4.79%.

‘2011 was a great year for The Cambridge, with intermediary business at the forefront of our product proposition. We've used our developing relationships with intermediary partners to provide products that meet their needs,’ said Andy Lucas, commercial director at The Cambridge.

‘We'll continue to listen to feedback from intermediaries and use this to shape our developments in service, products and innovation to support the intermediary market,’ he added.

The Cambridge offers brokers bespoke underwriting, a dedicated Business Development team and The Cambridge Mortgage Master System, an online system that allows brokers to register, submit and complete both Approvals in Principle and full applications, receive immediate lending decisions and generate Key Fact Illustrations.
Brokers can also obtain current product and mortgage rate information from the Society's comprehensive and competitive product range, all at their own convenience and completely free of charge.