The Cambridge Building Society has launched a limited company buy-to-let holiday let mortgage at 80% loan-to-value.

The product has been added to the society’s existing limited company buy-to-let range, which already includes standard buy-to-let, holiday let and expatriate lending at 80% LTV.

The five-year fixed rate is available at 5.78%, with an income coverage ratio of 125% at pay rate.

The Cambridge said the launch was intended to give brokers more choice at higher LTV levels for limited company borrowers.

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.”