The new range features rates from 4.32% and a couple of fee options
Specialist buy-to-let lender CHL Mortgages has introduced a limited edition range of two-year fixed rate products.
The new range targets both individual and limited company landlords, offering rates starting at 4.32% for loans up to 75% loan-to-value (LTV). Borrowers can choose between a 2% or 5% fee.
For landlords interested in houses in multiple occupation (HMOs) or multi-unit freehold blocks (MUFBs) with up to six bedrooms or units, the lender offers a rate of 4.33% at 75% LTV with a 5% fee.
The move follows CHL Mortgages’ recent announcement of rate cuts across its entire BTL portfolio, aimed at assisting brokers in securing better deals for their landlord clients.
“Our new limited edition range with competitive rates and a choice of fee options gives our broker partners even more ways to support their landlord customers,” said Ross Turrell (pictured), commercial director at CHL Mortgages. “This launch reinforces our commitment to the intermediary market by ensuring they’ve got the products at their disposal to meet their customers’ needs.”
CHL Mortgages – recently acquired by digital bank Chetwood Financial – said its latest offering is part of a broader strategy to provide brokers with more flexibility in securing deals for their clients, particularly in a competitive market.
By offering the new products, the lender also aims to help landlords maximise their investment opportunities by offering rates and fee options tailored to diverse investment needs.
CHL Mortgages has over 20 years of experience in the UK lending market, both as a buy-to-let lender and as a servicer of its own and third-party assets.
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