The Cambridge Building Society has added a limited company buy-to-let holiday let mortgage to its range, giving incorporated investors greater flexibility at higher loan-to-value levels.
The new product is a five-year fix at 5.78%, available up to 80% LTV with an income coverage ratio of 125% at pay rate. It sits alongside the society's existing buy-to-let offering, which has included standard buy-to-let, holiday let and expatriate lending at 80% LTV since launching last October.
"The launch of our new Limited Company Buy to Let product at 80% LTV strengthens our landlord proposition and gives brokers greater flexibility when supporting incorporated investors, while continuing to reflect our commitment to responsible lending - working together to help people achieve their goals," said Dan Barker, product and propositions manager at The Cambridge.
The addition reflects growing demand from landlords operating through limited company structures, a trend that has accelerated in recent years as tax changes have made incorporation increasingly attractive. For brokers working with incorporated clients seeking holiday let finance at higher LTV levels, the new product broadens the options available.
