The Cambridge Building Society has reintroduced fixed-rate mortgages across its main range, offering new options for first-time buyers, remortgage borrowers and home movers.
The refreshed line-up includes two-year and five-year fixed-rate products, alongside the society’s existing discounted variable rate mortgages.
The relaunched fixed-rate deals are available up to 95% loan-to-value and also cover buy-to-let and retirement interest-only borrowing.
Among the products reintroduced are a two-year fixed-rate mortgage at 5.59% up to 90% loan-to-value and a 95% loan-to-value version at 5.79%. The society has also brought back a two-year fixed-rate buy-to-let mortgage at 5.54%.
Within the five-year range, rates start at 5.69% up to 90% loan-to-value, rising to 5.89% up to 95% loan-to-value. A five-year fixed-rate retirement interest-only mortgage has also returned at 5.88%.
The society has also reintroduced its five-year First Step mortgage at 5.99%, although this is only available through its direct channel.
The First Step product is aimed at first-time buyers and is designed to support borrowers taking their first step onto the property ladder. The society said it allows eligible buyers to purchase a home with a 2% deposit.
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