The Cambridge Building Society has relaunched a selection of mortgage products across its buy-to-let (BTL) and residential product ranges.
As part of the changes, the society has reintroduced 5-year fixed rate options across its buy-to-let range, including limited company, expat and holiday let products up to 80% loan-to-value (LTV).
The lender confirmed there is no stress applied to its 5-year BTL product rates, with an interest cover ratio of 140%, or 125% for limited company buy-to-let applications.
Alongside the BTL changes, the society has added a second discounted product to its standard residential mortgage range and introduced a new 2-year fixed rate option within its Shared Ownership offering.
The lender said the latest updates are intended to provide greater flexibility and choice for first-time buyers, home movers, remortgage customers and landlords.