CHL Mortgages for Intermediaries has announced a major overhaul of its buy-to-let proposition, unveiling its most extensive range of products to date.
The specialist lender has cut rates by up to 44 basis points and introduced new loan-to-value tiers alongside additional fee options.
The refreshed range, which spans both CHL 1 and CHL 2 products, is designed to give brokers greater flexibility in meeting the needs of landlords.
Rates now start at 2.24% for two-year fixed products on single dwellings, 2.34% for small HMOs and MUFBs, and 2.76% for short-term let two-year fixes.
Free valuations are being offered on selected products across all property types, including large HMOs and MUFBs, with mortgages available to both individual and limited company landlords.
The CHL 1 range continues to cater for standard and mid-sized property types, including single dwellings and HMOs or MUFBs of up to six units.
CHL 2 is aimed at landlords with more complex requirements, covering large HMOs or MUFBs of up to 10 units, as well as short-term lets and serviced accommodation.
Darrell Walker (pictured), Chetwood Bank group sales director for CHL Mortgages for Intermediaries and ModaMortgages, said: “We’re excited to unveil our completely refreshed buy-to-let range which gives brokers access to our most extensive set of buy-to-let solutions.
“Our new range gives landlords more choice than ever before – no matter what type of buy-to-let product they’re looking for.”
