The Cambridge reintroduces holiday let products

Jake Carter

April 15, 2021

seaside holiday let coastal

The Cambridge Building Society has reintroduced a number of holiday let mortgages.

Notable products include a 75% loan-to-value (LTV) 2-year discount at 3.39% and a 75% LTV 5-year fixed at 4%.

Both offerings include a completion fee of £1,500 and early repayment charges.

Owners will be able to stay 90 days per year in the properties.

Dan Barker, product manager at The Cambridge, said: “We’ve seen how people have re-evaluated their finances over the last year, regardless of this, the appetite to have a place to holiday remains.

“We understand from our intermediary partners that requests for holiday let mortgages have increased significantly, and we’ve built great products and flexible criteria to support their holiday homeowner clients with their investments”.

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