The Cambridge unveils exclusive two-year fix

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Cambridge Building Society head office

The Cambridge Building Society has launched exclusive fixed rate residential and buy-to-let products for key intermediary partners Legal & General Mortgage Club, PMS Mortgage Club and Sesame network.

The residential two-year fixed rate deal will be available at 75% LTV for 3.04% and 90% LTV at 4.89%.

Both come with a £199 application fee which is non-refundable and is payable at the time of application and an £800 completion fee which is refundable and can be added to the overall loan.

The Cambridge is also offering via the distribution channels a two-year fixed rate buy-to-let product at 70% LTV for 3.59% with a 2% fee, 3.79% with a 1.5% fee and 3.94% with a 1% fee.

All have a £199 application fee which is payable at the time of application.

Both products are available to ARs and DAs of Legal & General Mortgage Club and ARs of Sesame and DAs via PMS, who want to place business in the wider East Anglia area.

“We have been working hard to build relationships with key network partners and we feel very strongly that we can offer these networks added value when doing business with us,” said Tracy Simpson, mortgage and intermediary sales manager at the Cambridge.

“These exclusives come at a time when we are accelerating our commitment to Intermediaries. ARs and DAs of the two networks can access these products via our new dedicated Intermediary site and can speak to our Business Development team about their cases.”

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