The Cambridge launches 2.99% mortgage to 95% LTV

The Cambridge has also launched a 95% LTV 2-year fix at 3.64% and a 95% LTV 5-year fix at 3.99%.

Cambridge Building Society has launched a 2.99% 2-year variable mortgage to 95% loan-to-value.

The Cambridge has also launched a 95% LTV 2-year fix at 3.64% and a 95% LTV 5-year fix at 3.99%.

Products come with a £199 application fee and loans have a maximum size of £400,000.

Tracy Simpson, the society’s head of lending, said: “These new 95% LTV products further demonstrate how The Cambridge is committed to supporting first-time buyers.

“The low rates, coupled with our willingness to look at lending options such as guarantor arrangements and terms up to 35 years, mean that we present a real option for intermediaries looking to help borrowers trying to make that first, exciting step.

“Our individual approach to underwriting and availability of a dedicated business development team to talk through cases also add to what we can offer our Intermediary partners

The society has also launched two buy-to-let products at 75% LTV – a 2-year fix at 2.89% and a 5-year fix at 3.69%.