Cambridge refreshes range

Sarah Davidson

November 3, 2015

The range features free valuation and free legal fees for remortgage customers while those taking 2-year discounted rates will not be subject to early repayment charges.

The Cambridge has also increased the maximum loan size for 85% and 90% products. For new customers, all application fees will be £199 and completion fees will be £800.

Head of lending Tracy Simpson said: “These competitive products have been launched to meet the needs of today’s customers. It’s no secret house prices are at their highest so increasing the amount customers can borrow made sense.

“The whole team is very excited about this new range and can’t wait for the phones to start ringing. We expect these products to be highly popular.”

The society has also opened up two buy-to-let products to the whole of market and has increased the maximum lending age to 85 on buy-to-let.

Its residential and buy-to-let mortgages are available on properties in Bedfordshire, Buckinghamshire, Cambridgeshire, Essex, Hertfordshire, Norfolk, Northamptonshire and Suffolk.

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