Cambridge Building Society

Tracker mortgages: the rate is set according to the Bank of England base rate plus a small charge determined by the society for the first two years. The rate will then revert to the Society’s standard variable rate for the rest of the mortgage term.

This mortgage is flexible so you can make extra payments without a penalty. However an early repayment charge will apply if you repay the loan (in full) in the first 2 years.

You will be charged an application fee. You must have a minimum of 20% as a deposit.

Fixed Rate mortgages: this is set at a fixed rate for the first 2 years of the mortgage. The mortgage will then revert to a variable rate once the fixed period is over.

This mortgage is flexible so you can make extra payments without a penalty. However an early repayment charge will apply if you repay the loan (in full) in the first 2 years. You will be charged an application fee. You must have a minimum of 20% as a deposit.

First Time Buyer mortgage: this is set at a discount off the Cambridge standard variable rate for the first year. It then reverts to a variable rate for the rest of the mortgage term.

There is no application fee. There are no early repayment charges. There is no higher lending charge.

Premier Discount mortgage: this is a stepped mortgage rate over 3 years. Year 1 is set at a variable discount rate. Year 2 is higher but still set at a discount rate. Year 3, and for the rest of the mortgage term, the rate reverts to the Society’s standard variable rate.

The minimum loan is £80,000. There are no early repayment charges – but if a lump sum payment is made it could effect your discount

If you are interested in a mortgage quotation including those offered by the Cambridge Building Society please complete our quick enquiry form.