The Cambridge Launches Market Leading 5 Year Fixed
The Cambridge Building Society has today launched a new special offer fixed rate mortgage product, slashing interest rates by up to 0.50%.
The 5-year fixed rate mortgage has been launched to give customers the opportunity to fix their mortgage for a longer period of time, whilst benefiting from lower interest rates and a reduced application fee*.
Special Offer 5 Year Fixed Rate Mortgage:
90% LTV now 5.39% was 5.89%
85% LTV now 4.59% was 5.09%
80% LTV now 4.29% was 4.69%
75% LTV now 3.79% was 4.19%
Carole Charter, Marketing Manager at The Cambridge Building Society says: “This special offer product has been launched at a time when people are increasingly looking for good fixed rates. This will appeal to those people currently on a standard variable rate mortgage, worried about the uncertainty around the future of interest rates and the impact this will have on their personal financial circumstances.
“The Cambridge Building Society already offers customers an excellent service so this lower interest rate product gives customers the complete package.”
The Cambridge Special Offer 5 Year Fixed Rate Mortgage is available for a limited period and is available for residential home purchases, remortgages and further advances within the wider East Anglia area.
The application fee has been reduced to £999 from £1299, £299 of which is payable at the time of application and not refundable.
For further information, please contact Suzanne Hazell, PR Officer at The Cambridge Building Society via shazell@cambridgebs.co.uk or on 01223 727653
By Suzanne Hazell on Monday 5th September 2011
