Related topic: Cambridge BS

The lender says the move to relaunch interest-only fixed rate mortgages will support homebuyers and homeowners facing rising living costs.

The Society entered the limited company buy-to-let market in October last year.

The lender has re-added selected products to its residential and buy-to-let mortgage ranges.

The range offers product choices for first-time buyers, remortgage customers, and home movers. 

The First Step range includes a choice of two fixed rate mortgages.

The products have launched alongside the Society’s existing RIO variable rate mortgage.

The new stress rates will allow eligible customers to borrow up to an additional £33,000.

The change will allow eligible customers to borrow up to an additional £33,000. 

The proposition complements The Cambridge’s current buy-to-let range, which includes holiday let and expat lending.

The new policy removes the previous cap of eight-storey buildings.