The Cambridge cuts BTL rates by 0.25%
The Cambridge Building Society is launching a new Buy to Let product range, with rates starting at 3.59%, to all intermediaries from today.
To remain competitive within the current Buy to Let market and to continue to offer intermediaries a broader range of options, the Society has re-launched the entire range, which has had interest rates reduced by up to 0.25%, has lower fees, and now includes two new 3-year fixed rate options.
All products include a free basic valuation for remortgages.
Andy Lucas, Commercial Director at The Cambridge says:
“Demand for Buy to Let mortgage products is increasing with the strong growth in the rented property market, especially in rapidly developing areas like Cambridge. We’ve looked to support this by offering a broad range that responds to that demand and the feedback we’ve received from customers.”
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