Cambridge cuts rates on high-LTV resi products

Cambridge Building Society has cut rates across its high-LTV residential product range.

The reductions include the 95 per cent LTV two-year offer being given a discounted rate of 2.25 per cent, giving an initial rate of 2.99 per cent, having previously been 3.24 per cent.

The 95 per cent LTV two-year fixed rate product has also been cut, from 3.49 per cent to 2.99 per cent and the 95 per cent five-year fix has been sliced from 3.94 per cent to 3.69 per cent.

All of the products above include a product fee of £199 and free standard valuation.

Cambridge Building Society product manager Dan Barker comments: “Our focus is always to provide customers with the products and services they need to have a home.

“Whether it is their first, second or third property, we understand that it can be particularly challenging to be able to afford to move home in today’s housing market.”

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