The Cambridge Building Society has revamped its buy-to-let mortgage range.
It has reduced rates by up to 0.75 percentage points and cut fees by up to £500.
The mutual has also added a new five-year fixed rate and a variable rate product to its current range.
The range will be made up of five buy-to-let products that will be available direct and to mortgage intermediaries with cases in the wider East Anglia area.
| Buy-to-let product | 65% | 75% | Fee | Early Repayment Charge | Max Loan |
| 2yr fixed rate | 4.19% | 4.49% | £1,499 | 3% | £300k |
| 5yr fixed rate | 4.89% | 5.49% | 1.5% (Plus £199 booking fee) | 5% | £750k |
| 2yr Discount | 4.09% | 4.39% | 1.0% (Plus £199 booking fee) | 3% | £750k |
| BTL Variable | 5.39% | 5.39% | £1,299 | None | £300k |
| 2yr fixed rate (No App Fee) | 5.89% | 6.09% | £0 | 3% | £500k |
“We have revamped the existing range and added products to meet the needs of a broader range of customers,” said Andy Lucas, commercial director at the Cambridge.
“We are continuously looking at adapting and improving our products to ensure that we are able to offer mortgage intermediaries and direct customers a choice that will appeal to them.”
