Cambridge BS slash residential rates by up to 0.70%

Following a hugely successful 2012, The Cambridge Building Society is starting the New Year by refreshing its entire residential mortgage range, including a reduction in rates of up to 0.70%.

Related topics:  Mortgages
Amy Loddington
7th January 2013
Mortgages
During 2012, The Cambridge worked closely with Intermediaries to launch several new products exclusively aimed at its key network partners. This latest product range refresh will be available to the whole of market, both direct and through Intermediaries and is backed up by The Cambridge's proven approach to flexibility and service.  

The refresh will come into effect on January 7th, 2013 and will be available to all mortgage Intermediaries who wish to do business in the wider East Anglia area.

Some of the key changes include:

- Reduced rates across the range

- A range of ‘fee free' re-mortgage deals - no application fee and no standard legal/valuation fees

- Product completion fees can now be added to the loan above the LTV tier

Andy Lucas, Commercial Director at The Cambridge says:

"2012 was a record year for The Cambridge, with our strong funding and aspects like our continued commitment to First Time Buyers resulting in mortgage business at an all time high.  We received great support from many brokers across our region and we want to continue this into 2013 as we look at further product development and innovation."
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