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

Barclays cuts mortgage rates

Barclays is reducing rates across its range of residential purchase, remortgage and existing customer...

CHL Mortgages launches light refurbishment BTL range

The new range is aimed at landlords looking to carry out non-structural or modernisation...

Finova acquires Cubit Labs

Finova, the UK cloud-based mortgage, savings and lending software provider, has acquired Cubit Labs,...

YBS Commercial Mortgages cuts rates by up to 0.20%

YBS Commercial Mortgages is reducing rates on its fast-track buy-to-let range, specialist products for...

House prices up 2.2% year-on-year

UK house prices picked up slightly in June, with prices rising 2.2% year-on-year, up...

Latest publication

Other news

Barclays cuts mortgage rates

Barclays is reducing rates across its range of residential purchase, remortgage and existing customer...

CHL Mortgages launches light refurbishment BTL range

The new range is aimed at landlords looking to carry out non-structural or modernisation...

Finova acquires Cubit Labs

Finova, the UK cloud-based mortgage, savings and lending software provider, has acquired Cubit Labs,...