The Cambridge extends shared ownership distribution

Ryan Bembridge

May 23, 2019

The Cambridge Building Society has extended its shared ownership mortgage range to people in England and Wales, following a successful trail with three shared ownership firms.

The society has three 95% LTV mortgage products in its shared ownership range, a 5-year fixed rate product at 3.99%, a 2-year fixed-rate product at 3.59% and a 2-year discount product at 3.49%.

Tracy Simpson, head of lending at The Cambridge, said: “Our aim at The Cambridge is to help people buy homes, and with this new extended lending proposition it means that we can now help more people with their home buying objectives.

“We have expertise that can support borrowers and intermediaries alike and my team are looking forward to talking through cases.

“We understand that our intermediary partners value the personal approach we offer in our service, and through our partners we look forward to maintaining this service when supporting a wider audience.”

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