CHL Mortgages for Intermediaries adds higher fee products to limited edition buy-to-let range

Published on

CHL Mortgages for Intermediaries has expanded its limited edition buy-to-let range to include products with higher fee options to help more landlords access its higher LTV mortgages.

The limited edition range now features new 6% and 7% fee options on the 2-year fixed-rate range at 75% LTV, and a new 6% fee option on the 5-year fixed-rate range, again at 75%.

Rates for standard 2-year fixed products start from 3.12%, with 5-year fixed products starting from 4.76%.

The lender has also reduced rates by up to 30bps across its CHL 2 core product range with 2-year fixed products now starting from 3.27% and five-year fixed products starting from 5.06%.

NEW SEGMENTS

Ross Turrell (pictured), Commercial Director at CHL Mortgages, said: “We’re always looking for new ways to be as competitive as possible and adding these higher fee products to our limited edition buy-to-let range enables us to explore new segments of the market.

“By entering the 75% LTV area of the high fee market, we’re giving landlords even more choice, helping to improve affordability and enabling them to access higher LTV mortgages.”

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

Latest articles

Bridging Soup launches major market research initiative

Bridging Soup has launched a new research initiative to build a clearer picture of...

Just one in seven homes records five years of growth

Fewer than one in seven UK homes increased in value during every year of...

Word On The Street arranges £108m of property finance in record year

Word On The Street arranged more than £108 million of property finance across 239...

Beverley enhances SIPP income assessment

Beverley Building Society has introduced a tiered approach to assessing income from self-invested personal...

Commonhold and RTM: do not mistake control for simplicity

Commonhold is presented as a fairer form of flat ownership. Right to Manage (RTM)...

Latest publication

Other news

Bridging Soup launches major market research initiative

Bridging Soup has launched a new research initiative to build a clearer picture of...

Just one in seven homes records five years of growth

Fewer than one in seven UK homes increased in value during every year of...

Word On The Street arranges £108m of property finance in record year

Word On The Street arranged more than £108 million of property finance across 239...