The Cambridge Building Society has reduced interest rates on its core mortgage range, and reduced or withdrawn application and completion fees across selected mortgage products.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.
UTB adds mortgage prisoner products
The society’s core 80% LTV 2.64% 5-year fixed rate and fee free 2.79% 5-year fixed rate mortgages have been withdrawn, and replaced with a fee free mortgage at 2.49%, and a 70% LTV interest only version with £,1699 fee at completion.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.”