BTL Mortgage News

Cambridge Building Society has reduced the rates across its buy-to-let range by up to 0.80 per cent. Quoting the press release, the five-year fixed rate at 5.49 per cent is being cut by 0.80 per cent to 4.69 per cent and the application fee drops 0.5 per cent from 1.5 per cent to 1 per cent, plus £199.

The two-year fixed rate of 4.49 per cent is being cut by 0.50 per cent down to 3.99 per cent. The product comes with a £1,499 application fee where £199 is payable at the time of application.

The two-year discounted rate of 4.39 per cent is being cut by 0.54 per cent, to 3.84 per cent. There is a 1 per cent application fee with £199 payable at the time of application. All three are available at 75 per cent LTV, both direct and through intermediaries in the wider East Anglia area. Talk to your broker.