The Cambridge launches new mortgage range for intermediaries

The Cambridge Building Society has announced that it will launch its new range of residential mortgage products direct and through Intermediaries.

After an extremely positive start to the year, putting The Cambridge well ahead of target, products were withdrawn in August to ensure that the Society maintained its high standards of service. The product range, including higher loan to value products, will be available to all mortgage Intermediaries who wish to do business in the East of England, on Monday 14th October.
 
Key products include:

Interest rates reduced by up to 0.40% across our 2 Year Fixed and 2 Year Discount products

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

A ‘switch to fix' facility on 2 year discount mortgage

Andy Lucas, Commercial Director at The Cambridge says: "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."
 
"We are very proud to have recently received the Moneyfacts ‘Best Service from a Mortgage Provider' award. 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."

Intermediaries can register, submit and complete AIP's and full applications, generate KFI's, and obtain current product and mortgage rate information via Cambridge Mortgage Master (CMM). The Society also has a dedicated website for Intermediaries. All of the latest information on products, lending criteria and general information about the Society can be found at cambridgebs.co.uk/intermediaries.
 
The Society uses the MATS system which is designed to make the processing of mortgage applications smoother and enables Intermediaries to receive updates on their cases via text message, email and personalised web pages.