The Cambridge Building Society has retained the title of Best First-Time Buyer Mortgage Provider at the Moneynet Awards 2025, underscoring its ongoing commitment to helping first-time buyers onto the property ladder. The award, announced on 7 January, arrives as the mutual celebrates its 175th anniversary year.
Carole Charter, chief commercial officer at The Cambridge, said: “We are delighted to be recognised as the Best First-Time Buyer Mortgage Provider for a second consecutive year. This award reflects our longstanding support for first-time buyers by finding new ways to help provide funding for people to buy their own homes – such as through our life changing Rent to Home scheme. We manually underwrite to ensure we fully understand our borrowers’ circumstances, ensuring they have access to products and expert guidance as they embark on their homeownership journey. We’re thrilled to begin our 175th anniversary year with such a fantastic achievement.”
The Cambridge employs manual underwriting to ensure each case is individually assessed, offering tailored solutions for first-time buyers, including low deposit and shared ownership mortgages. In 2024, it introduced Joint Borrower, Sole Proprietor mortgage options, allowing multiple applicants, such as family members or friends, to combine their financial resources to help first-time buyers secure a home.
The mutual’s flagship Rent to Home scheme, set to be expanded this year, allows participants to reclaim up to 70% of their rental payments from a property rented through The Cambridge, which can then be used towards a deposit. The initiative aims to make homeownership more attainable for those struggling to save while renting.
