Cambridge BS launches new broker channel mortgage rates from 2.49%.
The Cambridge Building Society has announced that it is relaunching its intermediary broker service. A new range of mortgages have been released and rates have been cut by 0.4%.
Cambridge pulled its intermediary mortgage rates this summer. It advised the reason for this decision was due to over demand and the need to ensure it maintained high service standards.
Now new lower mortgages rates are offered range wide, and include various new higher loan to value deals.
Also mortgage rates have fallen by up to 0.4% for 2 year fixed and 2 year discounted products. Fees have also fallen. There is also a 'switch to fix' facility available on its 2 year discount rate mortgage.
Discounted range highlights include:
- A 2 year discounted rate for up to 75% LTV at 2.49%.
- A 2 year discounted rate for up to 80% LTV at 2.79%.
- A 2 year discounted rate for up to 90% LTV at 3.99%.
Fees for the discount rates listed are set at £699.
2 year standard residential highlights include:
- A 2 year fixed rate mortgage for up to 75% LTV at 2.79%.
- A 2 year fixed rate mortgage for up to 80% LTV at 2.99%.
- A 2 year fixed rate mortgage for up to 90% LTV at 4.19%.
Fees for the standard residential rates listed are set at £999.
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