Cambridge BS launches Help to Buy range

Cambridge Building Society has entered the Help to Buy market for first-time buyers and existing Help to Buy homeowners looking to remortgage.

Related topics:  Mortgages
Rozi Jones
18th October 2018
Cambridge Building Society
"We’re hearing from borrowers who are looking for choice of product when coming to the end of their current Help to Buy deal"

The range includes two-year fixed rates and two-year discounted mortgages from 2.24%, with a £199 application fee and no completion fee.

Andy Lucas, chief operating officer at The Cambridge, said: “By offering these Help to Buy products with a remortgage option we’re supporting those who have recently got a foot on the housing ladder but have a limited choice when they come to the end of their current deal.

"We’re hearing from borrowers who are looking for choice of product when coming to the end of their current Help to Buy deal and with latest reports suggesting that over 150,000 households have already been helped by the scheme, there will be a growing remortgage market developing over the new few years.”

The Cambridge follows Bluestone Mortgages and Magellan Homeloans, who both entered the Help to Buy market earlier this month.

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