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TODAY'S OTHER NEWS

The Cambridge reduce rates across its BTL range

The Cambridge has launched a new range of buy-to-let mortgages, as the lender battles to remain competitive.

Highlights include a two-year fixed rate buy-to-let mortgage at 2.29% up to 75% loan-to-value (LTV), a BTL five-year fixed rate at 2.99% up to 75% LTV.

All products come with £999 in fees.

The Cambridge’s mortgage services for buy-to-let mortgages are available on properties in Bedfordshire, Buckinghamshire, Cambridgeshire, Essex, Hertfordshire, Norfolk, Northamptonshire and Suffolk.

Dan Barker, product manager, commented: “These new products are the lowest rates we have ever offered on our buy-to-let and 5 Year Fixed ranges.

“These are available via our direct and intermediary channels and reinforce our commitment to supporting borrowers with fabulous deals going into 2018.”

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