The Cambridge launches new specialist partnership with TBMC
18 November 2019 • Products & Services
The Cambridge are delighted to announce today a new partnership with TBMC, a specialist in the Buy to Let Mortgage market. This new partnership supports The Cambridge’s plans to broaden their distribution partners in order to reach specialist areas of the mortgage market, such as the Holiday Let market.
The Cambridge have also introduced a Holiday Let mortgage product exclusively through TBMC for the benefit of their Intermediaries who have customers looking to enhance their portfolios. This 5 year Fixed Rate product is offered at 3.79% up to 75% LTV and is available to customers in England and Wales.
Tracy Simpson, Head of Lending at The Cambridge comments on the partnership, “We’re thrilled to be partnered with TBMC. Through their expertise and specialist service, we look forward to offering our new Holiday Let product. This initiative further enhances the strong proposition we offer landlords whilst ensuring high service standards are maintained.”
Jane Simpson, Managing Director at TBMC says, “We are delighted to be working in partnership with The Cambridge to launch their Buy to Let proposition in the holiday let space for the first time. Although still a niche area, there is a growing interest in holiday let investment properties and TBMC has specialist buy-to-let experience in dealing with this type of business. The new product is keenly priced and should be attractive to holiday let investors.