The deal is available up to 70% loan-to-value (LTV), with a 1% fee, for buy-to-let borrowers in the wider East Anglia area.

Mark Smitheringale, head of sales and marketing at the Cambridge, said: “This product change opens up our extremely successful two-year fixed rate offer to buy-to-let loans up to £500,000.

“We expect that this will make the product even more popular with mortgage intermediaries.”