New Year-New Mortgage Range!
The Cambridge Building Society has completely refreshed its mortgage range to significantly streamline and enhance its product offering.
In 2011, The Cambridge launched several new products and made various changes to its existing range and it now moves into 2012 with a fresh mortgage proposition for intermediaries looking to do business in the wider East Anglia area.
The refresh came into effect on January 3rd, 2012 and the complete range can be viewed online at www.cambridgebs.co.uk/intermediaries
Some of the key changes that have been made to ensure intermediaries are getting an overall improved proposition when doing business with The Cambridge include:
- Reduced application fees on all core fixed rate mortgage products
- 90% LTV offering across the entire fixed residential product range
- 5 year fixed rate mortgages from 3.69% - previously from 3.79%
- Fee-free remortgage products from 3.89% - previously from 4.79%
Andy Lucas, Commercial Director at The Cambridge says: “2011 was a great year for The Cambridge, with intermediary business at the forefront of our product proposition. We’ve used our developing relationships with intermediary partners to provide products that meet their needs.
“We’ll continue to listen to feedback from intermediaries and use this to shape our developments in service, products and innovation to support the intermediary market.”
The Cambridge offers brokers bespoke underwriting, a dedicated Business Development team and The Cambridge Mortgage Master System, an online system that allows brokers to register, submit and complete both Approvals in Principle and full applications, receive immediate lending decisions and generate Key Fact Illustrations. Brokers can also obtain current product and mortgage rate information from the Society’s comprehensive and competitive product range - all at their own convenience and completely free of charge.
-Ends-
Notes to editors:
The Cambridge also continues to offer:
- 95% LTV mortgage products
- B2L mortgage products
- Flexible SVR products up to 85% LTV
For further information please contact Suzanne Hazell, PR Officer at The Cambridge Building Society on shazell@cambridgebs.co.uk or via 01223727653
