Cambridge re-opens intermediary channels

Sam Cordon

October 14, 2013

After a positive start to the year the Cambridge withdrew some products which were available to the intermediaries in August to ensure that the society maintained its standards of service.

The new range includes interest rate reductions of up to 0.40% across the Cambridge’s 2-year fixed and 2-year discount products.

It also includes reduced fees on the 2-year discount and 2-year fixed rate mortgages, a 3-year fixed rate large loan product for customers looking to borrow over £500,000 and a ‘switch to fix’ facility on 2-year discount mortgages.

Andy Lucas, commercial director at the Cambridge said: “We wanted to launch back into the intermediary market with a new range of products and we are confident that this range will appeal to Intermediaries looking to place business in the East of England.”

“Ensuring that we deliver the right service to our Intermediary partners is essential and we continue to work with them to ensure that our products are relevant to their customer needs.”

The new product range will be available to all mortgage intermediaries who wish to do business in the East of England from Monday.

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