After successfully launching its 5 year Fixed Rate Holiday Let product exclusively through the specialist TBMC, The Cambridge has now expanded its Holiday Let mortgage range to support the whole of market. This launch further supports The Cambridge’s plans to broaden its lending proposition to reach specialist areas of the mortgage market.
The Society’s Holiday Let mortgage range includes the 5 year Fixed Rate product now offered at a reduced rate of 3.54%, and a new 2 Year Discounted Rate product offered at 3.39%. Both products are offered up to 75% LTV, with a minimum loan size of £50k and with no upfront fee.
Tracy Simpson, Head of Lending at The Cambridge comments, “After exclusively offering our Holiday Let product via TBMC, we’re delighted to now open up a range of Holiday Let mortgage products ready for customers across England and Wales. This range further enhances the strong proposition we already offer landlords and puts my expert teams in a great position to support even more customers.”