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Cambridge BS offers 95% LTV mortgages to select brokers

  • 04/02/2013
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Cambridge BS offers 95% LTV mortgages to select brokers
Cambridge Building Society has launched a new scheme in which a handpicked group of brokers are given access to a special range of mortgage deals, including a 95% LTV product.

The society has chosen 21 advisers to be part of its new Cambridge Select scheme. Each will be given access to an increased range of products, including a 95% LTV mortgage previously only offered in the mutual’s branches.

The selected brokers are all located in the society’s lending area of Cambridge and the surrounding counties.

Each of the individual advisers has been selected because based on the business they submitted to the mutual in previous years.

Tracy Simpson, intermediary sales manager for the Cambridge, told Mortgage Solutions: “We’ve launched Cambridge Select for brokers who have supported us not only in the last year but in the long-term.

“These are true advocates of the Cambridge and they know what we are about, our unique selling points and they give us significant business.”

Simpson added that the mutual was keen to foster long-term relationships with brokers.

“A large proportion of our brokers use us consistently and those relationships are really important, our offering isn’t just about the product and you can’t sell yourself over a sourcing system.”

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