The Cambridge Building Society has removed application fees across all mortgage products.
The previously non-refundable upfront application fee has been removed from all residential and buy-to-let products, meaning products now only have a completion fee to streamline the process for our customers and brokers.
Borrowers can choose to pay the fee on completion or add it to the loan.
The Cambridge has also increased the maximum loan size across all standard buy-to-let, expat, and holiday let products from £750,000 to £1 million.
Dan Barker, product and propositions manager at The Cambridge, said: "We have been reviewing our fees and listening to feedback from intermediaries. Removing the upfront application fees should make things smoother and easier for both our customers and intermediaries placing cases with The Cambridge."
