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Cambridge BS launches large loan mortgage up to £2m

Cambridge Building Society has launched a product aimed at borrowers looking to lend between £500,000 and £2m and will accept up to £750,000 of the loan on an interest-only basis.

The five-year fixed rate mortgage is available at 4.19 per cent up to 75 per cent loan-to-value. The arrangement fee is 0.2 per cent.

CBS marketing manager Carole Charter says: “Larger loans are not suitable for everyone but there are people out there who would benefit from this unique product.

“We have introduced several new products to our mortgage range over the past few weeks and we feel this new addition is a further improvement.”



New trade body for financial claims firms launches

The Association of Professional Claims Managers, a new association for financial claims firms has launched today. The APCM is a new body, founded by Brunel Franklin, Gladstone Brookes, We Claim U Gain, Financial Recovery Solutions and Synergy Financial Solutions, with other CMCs expected to join the APCM in the coming weeks and months. The APCM […]


The critical illness of regulatory creep

There is a school of opinion that critical-illness insurance is fast reaching the end of the line, with concerns about new and confusing conditions being added at an unprecedented rate. Many of these offer scant chance of a claim due to the low annual incidence or the discriminatory terms of the plan claim wordings. However, […]

The big political pension issues

Pension policy will be a major talking point as the main political parties gear up for the conference season. By Rachael Adams


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