The new range of Credit Assist mortgages replace The Cambridge’s previous Home Solutions mortgage products. To better support borrowers, The Cambridge have introduced two products with fixed and discounted options to suit each borrower’s personal circumstances.

The Credit Assist mortgage range is for those who have up to five missed payments in the last two years on credit cards, mail order, utilities or communications; or who have unsatisfied defaults to the value of £100 in the last two years.

There are two products with fixed and discounted options in this range:

• Two-year fix at 3.49% up to 85% LTV
• Three-year discount at 3.94% up to 85% LTV with no early repayment charges

The Credit Assist Mortgage Extra range is offered to customers who have had three or more unsecured loan missed payments, up to two secured loan missed payments and CCJs; or defaults satisfied or unsatisfied up to the value of £5,000.

In this range The Cambridge is offering:

• Two-year fix at 5.29% up to 70% LTV
• Three-year discount at 5.19% up to 70% LTV with no early repayment charges.

Tracy Simpson, head of lending at The Cambridge commented: “At the Cambridge we’re committed to introducing solutions that help a wide range of customers, and our newly launched Credit Assist range specifically aims to help those mortgage customers who have experienced credit issues in the past and who are finding it difficult to secure a mortgage. Credit Assist helps these customers get back on track.

“In addition, our experienced team review each application on an individual basis which provides the highest level of support.”