The Cambridge unveils exclusive two-year fix

Published on

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.”

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

Latest articles

The Cambridge relaunches interest-only fixed rate mortgages

The Cambridge has relaunched a selection of fixed rate mortgage products, including interest-only options...

Vernon BS adds free legals to selected remortgage deals

Vernon Building Society has partnered with Optimus to introduce a free legals service on...

Paragon launches tailored buy-to-let service for complex cases

Paragon Bank has launched a Tailored service to support buy-to-let mortgage applications that fall...

Castle Trust Bank adds AVMs to buy-to-let applications

Castle Trust Bank has introduced automated valuation models on eligible buy-to-let cases as part...

HSBC UK cuts mortgage rates by up to 11bps

HSBC UK has reduced rates across its mortgage range, with cuts of up to...

Latest publication

Other news

The Cambridge relaunches interest-only fixed rate mortgages

The Cambridge has relaunched a selection of fixed rate mortgage products, including interest-only options...

Vernon BS adds free legals to selected remortgage deals

Vernon Building Society has partnered with Optimus to introduce a free legals service on...

Paragon launches tailored buy-to-let service for complex cases

Paragon Bank has launched a Tailored service to support buy-to-let mortgage applications that fall...