The Cambridge Building Society has cut on its core mortgage range and reduced or withdrawn application and completion fees across many of its products.
The 2-year fix at 80% LTV is reduced from 2.29% to 2.09% and fee amended to £999 on completion, while the interest-only version is also available up to 70% LTV at 2.09% with £1699 fee charged at completion.
The society’s core 80% LTV 2.64% five-year fix and fee-free 2.79% five-year fix mortgages are withdrawn, and replaced with a fee-free mortgage at 2.49%, and a 70% LTV interest only version with £1,699 fee at completion.
Fixed rate 90% LTV products are cut by up to 0.30%, with both application and completion fees removed.
Free legals and valuations are available for remortgages.
The Cambridge’s head of lending Tracy Simpson, says: “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.
All loans are between £50,000 and £2m (£500,000 maximum for interest-only) and are available for purchase, remortgages, product switches and further advances on properties across England and Wales.