The Cambridge launches limited company holiday let mortgage at 80% LTV
The Society entered the limited company buy-to-let market in October last year.
Cambridge Building Society has launched a new limited company buy-to-let holiday let mortgage to complement its current offering.
Following its launch last October, the Society's limited company buy-to-let range complements its standard buy-to-let and holiday let and expat ranges.
This latest addition is a five-year fixed rate at 80% LTV with a rate of 5.78% and an income coverage ratio of 125% at payrate.
Dan Barker, product and propositions manager at The Cambridge, said: “The launch of our new limited company buy-to-let product at 80% LTV strengthens our landlord proposition and gives brokers greater flexibility when supporting incorporated investors, while continuing to reflect our commitment to responsible lending - working together to help people achieve their goals.”
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