• Application fee is equivalent to 1% of your loan (minimum £999) - this fee is reduced to 0.5% of your loan (minimum £499) if you qualify for our Families' Loyalty Bonus.  
• For remortgages, you pay an additional £99 administration fee - waived if you qualify for our Families' Loyalty Bonus.
• Switching fee £499 - for existing borrowers.
• No property valuation fee.
• No higher lending charge.  

Overpayments & Early repayment charge

• During each 12 month period of the Fixed rate term, you have the flexibility to make overpayments of up to 10% of the opening 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 3% 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 3% 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, you may transfer the balance of the Fixed rate mortgage to your next home, without penalty. 

How much can I borrow?

• Please see above.