The free service is aimed at those intermediaries who have been let down by lenders pulling their product ranges or exiting the market as a result of the recent sub prime turbulence.
Intermediaries who are looking for help and advice with their buy-to-let and self-certification cases can call 0800 085 6727 and speak to a member of CHL’s product team.
The helpline also comes with express decision-making for those intermediaries who put their cases through CHL’s online application system, @chl. CHL will give priority to these cases and intermediaries will get a decision within three hours.
Trevor Child, head of sales and marketing at CHL Mortgages, said: “At CHL we know that a large number of people have been let down by the ongoing problems a large number of specialist lenders are having in the current climate. Intermediaries are already contacting us looking for product solutions and we have made this process easier by opening our freephone ‘clearing hotline’ to aid all those in this situation.
“CHL is committed to both the buy-to-let and the self-certification sectors and has a variety of highly competitive and flexible products available. We will lend up to 90% LTV on our buy-to-let range and 95% for self-certification home loans, and have a range of products that ease affordability issues. Intermediaries are urged to contact our freephone service to discuss how CHL can provide the solution to their buy-to-let and self-cert problem cases.”
