The mutual says its previously non-refundable upfront application fee has been removed from all residential and buy-to-let loans, leaving its offers with a completion fee. 

Borrowers can choose to pay this fee on completion or add it to the loan. This move comes into effect immediately. 

The lender has also increased maximum loan sizes across all standard BTL, expat and holiday-let products to £1m from £750,000. 

Cambridge Building Society product and propositions manager Dan Barker says: “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.”