The product has had the rate cut by 1.0% taking the 85% loan to value to 4.29% and the 90% LTV to 5.29%.
There is a £799 application fee, £299 of which is payable at the time of application and not refundable.
Carole Charter, marketing manager at Cambridge, said: “Working closely with brokers has become a big focus for Cambridge and we are aware that we need to keep our products up to date and in-line with current trends in the market.
“We know that we can offer brokers a great experience with Cambridge and now we are working hard to make sure that our products reflect this.”
