The Cambridge relaunches core and specialist mortgage products
The lender has re-added selected products to its residential and buy-to-let mortgage ranges.
The Cambridge Building Society has announced the relaunch of a selection of mortgage products to strengthen both its residential and buy-to-let product ranges.
As part of the changes, the Society's five-year fixed rate options will be reintroduced to its buy-to-let range, which includes limited company, expat and holiday let options up to 80% LTV.
There is no stress applied to five-year buy-to-let product rates with an interest cover ratio of 140%, reducing to 125% for limited company applicants.
Residential changes include the addition of a second discounted product to The Cambridge's standard residential range and a two-year fixed rate option to its shared ownership offering.
The latest changes reintroduce product options for first-time buyers, home movers, remortgage customers and landlords.
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