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Jake Carter

December 7, 2021

mortgages rates

The Cambridge Building Society has reduced interest rates on its core mortgage range, and reduced or withdrawn application and completion fees across selected mortgage products.

The lender’s core 2-year fixed rate 80% loan-to-value (LTV) mortgage has been cut from 2.29% to 2.09%, and the fee amended to £999 on completion.

The interest-only version is also available up to 70% LTV at 2.09% with £1,699 fee charged at completion.

The society’s core 80% LTV 2.64% 5-year fixed rate and fee free 2.79% 5-year fixed rate mortgages have been withdrawn, and replaced with a fee free mortgage at 2.49%, and a 70% LTV interest only version with £,1699 fee at completion.

The Cambridge fixed rate 90% LTV products have been cut by up to 0.30%, with both application and completion fees removed.

Tracy Simpson, head of lending at The Cambridge, said: “We constantly review our product range and fees to ensure they are competitively-priced and offer our customers variety and choice to meet their needs.”


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