5 Year Fixed Rate Mortgages
Interest Rates
| Term | Fixed Rate | Then you switch to our Cambridge Variable Mortgage and pay our Standard Variable Rate for the rest of the mortgage term, currently | The overall cost for comparison is | Maximum Loan | Amount you can borrow as a percentage of the value of the property | ||
|---|---|---|---|---|---|---|---|
| Home Purchase | Remortgage | Additional Borrowing | |||||
| 5 Years | 3.69% | 4.59% | 4.5% APR | £500,000 | 75% | 75% | 75% |
| 5 Years | 4.19% | 4.59% | 4.6% APR | £500,000 | 80% | 80% | 80% |
| 5 Years |
4.49% |
4.59% | 4.7% APR | £400,000 | 85% | 85% | 85% |
| 5 Years | 5.49% | 4.59% | 5.1% APR | £300,000 | 90% | 90% | 90% |
Fees
- Application fee £999 (for new loans and additional borrowing of £50,000 and over) – this includes £199 which is payable at the time of application and is non-refundable. The remaining £800 can be paid up front or added to the loan*.
- Additional borrowing application fee £299 (for loans under £50,000) - this includes £99 which is payable at the time of application and is non-refundable. The remaining £200 can be paid up front or added to the loan*.
- You will need to pay the property valuation fee for mortgage purposes, see our Mortgage Tariff of Charges page for more details. The fee is payable at the time of application and is non-refundable.
- For remortgages we pay the standard valuation fee.
- For remortgages we will also pay the standard legal fees for switching your loan, using our panel solicitor. If any additional legal work is required that is not normally associated with a remortgage, such as rectifying title defects, transfers of equity or other legal matters, the solicitor will advise you of the cost and you will be responsible for any fees incurred.
- No higher lending charge.
* If you borrow over 75% of the property’s value, you can add the remaining fee to the loan subject to the overall loan amount remaining within the specified percentage of the property’s value. If added to the loan, we will charge interest on the fee during the term of the loan.
Back to topEarly Repayment Charges
- During each 12 month period of the fixed rate term, you have the flexibility to make overpayments of up to 10% of the opening mortgage balance. The opening balance is reset every year on the anniversary of the completion of your mortgage. Any amount repaid over this limit will incur a charge equal to 5% of the excess overpayment.
- If you switch your loan to another lender, a different mortgage deal with us, or repay it in full before the end of the fixed rate term, you will have to pay an early repayment charge equal to 5% of the outstanding balance.
- At the end of the fixed rate term your mortgage will switch to our Cambridge Variable Mortgage. You will then be able to make as many overpayments as you wish or pay off your mortgage without incurring an early repayment charge.
- If you move house during the fixed rate term, you may transfer the balance of the fixed rate mortgage to your next home, without penalty. The terms cannot, however, be extended to any further borrowing required if the product has been withdrawn.
Apply Now
Phone
Call our Customer Contact Centre on
0845 601 3344
Mon-Fri: 8.30am - 8.30pm
Sat: 9.00am - 6.00pm
Sun: 11.00am - 5.00pm
Request a callback
Eligibility
Our mortgages are available on residential properties located in the following counties:
- Bedfordshire
- Buckinghamshire
- Cambridgeshire
- Essex
- Hertfordshire
- Norfolk
- Northamptonshire
- Suffolk
If you are an existing borrower moving away from the East Anglia region, we can still help you buy your new home anywhere in England and Wales.
These mortgages are available for new home purchase loans, remortgages and additional borrowing.
All mortgages subject to security and status.
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE
