
Variable Rate Mortgages from The Cambridge
If you're interested in flexible payment options take a look at our Variable Rate mortgages
Variable Rate Mortgages
A variable rate mortgage means that the interest rate you pay may change during the term of the mortgage. This will result in changes to your monthly payments. To help you to budget, we adjust your monthly payment in March each year to take into account interest rate changes that have taken place over the previous calendar year. We will notify you that your interest rate has changed by placing a notice in the local press, on our website and in our branches.
When you pay our Standard Variable Rate, we will offer you a Cambridge Variable Mortgage, which gives you a number of flexible benefits including the freedom to overpay with no penalty and payment holidays.
At times we may also offer discounted variable rate mortgages, although these may not offer the same flexible benefits.
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE
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Phone 0845 601 3344
Mon-Fri: 8.30am - 8.30pm
Sat: 9.00am - 6.00pm
Sun: 11.00am - 5.00pm
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