The Cambridge launches remortgage-only product

The Cambridge Building Society is launching new 2 year fixed and 2 year discounted re-mortgage only products to all mortgage intermediaries and direct customers on Wednesday.

Related topics:  Mortgages
Amy Loddington
28th January 2014
Mortgages

Rates start at just 2.29% at 80% LTV and both products offer free basic legal and valuation fees as well as a £99 application fee.

The interest rate has also been reduced by 0.20% on its 5 year Fixed Rate Buy to Let product, taking it to just 4.49% at 75% LTV.

The Society’s 2 year Fixed Rate Buy to Let product (3.64% at 75% LTV) which was initially launched for Cambridge Select and Direct customers only is now available to all Intermediaries. The maximum loan size for this product has increased from £250k to £500k

Andy Lucas, Commercial Director at The Cambridge says:

“These two new products have been added to our current range to ensure that we have equally competitive options for those looking to re-mortgage. We have also made improvements to our Buy to Let range to offer our customers even better value."

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