CHL Mortgages for Intermediaries has entered the 80% loan-to-value (LTV) space with a new range of buy-to-let products designed to give landlords greater choice and flexibility amid shifting market conditions.

The specialist lender, part of the Chetwood Bank Group, is launching 3.5% and 5% fee options across single dwelling, small HMO and short-term let property types.

Rates start from 3.40% for two-year fixed products and from 5.06% for 5-year fixes.

To support landlords seeking to reduce upfront costs, CHL has also introduced £0 fee options, with 2-year fixed rates starting from 5.90% and 5-year products from 6.16%. Loans are available up to £750,000 and open to both individual and limited company borrowers.

The lender has also unveiled four limited-edition 75% LTV products with a 7% fee, aimed at landlords seeking to offset higher leverage with lower ongoing rates.

STEP FORWARD

Darrell Walker (main picture), Chetwood Bank Group Sales Director for CHL Mortgages for Intermediaries and ModaMortgages, said the launch reflects CHL’s continued drive to broaden its buy-to-let proposition.

“We’re proud to announce this expansion of our upper LTV buy-to-let offering, which marks a significant step forward in our mission to give landlords greater choice and flexibility,” Walker said.

SUPPORTING LANDLORDS

“Whether your client is looking for a product that allows them to pay more upfront in return for lower rates over time, or a fee-free product to minimise upfront costs, these new products reaffirm our commitment to supporting landlords with competitive, practical solutions.”

The move positions CHL among a growing number of specialist lenders re-entering higher-LTV lending, as confidence returns to the buy-to-let market following a period of rate volatility and tightened criteria.