The 95% product is available for purchases, has a £300 completion fee of which £199 is payable upfront and a free standard valuation. It is open to all Appointed Representatives & Directly Authorised of Mortgage Intelligence Holdings with cases in the East of England.
Sally Laker, Managing Director, Mortgage Intelligence Holdings comments:
“We are delighted to be able to offer this competitive 95% LTV product with The Cambridge. The availability of higher LTV products is now an increasing trend which can only assist the recovery of the first time buyer purchase market.”
Andy Lucas, Commercial Director at The Cambridge adds:
“We remain committed to supporting first time buyers in the East of England and on top of that, this product is also open to second steppers who may require a higher LTV product to help them move into a larger property.”