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

Mortgage industry cycle challenge raises £26k for children and homelessness charities

Mortgage industry leaders have raised £26,002 for two charities after cycling 472 miles from...

MTD pressure prompts 22% of landlords to consider quitting

More than one in five UK landlords have considered leaving the rental market as...

MortgageMatch launches AI-ready broker directory

MortgageMatch.org has launched a consumer-facing platform designed to make finding and comparing mortgage brokers...

Virgin Money cuts new business rates and ups buy-to-let PT rates

Virgin Money is to reduce a range of purchase and remortgage fixed rates while...

TMG adds Handelsbanken to mortgage lender panel

TMG Mortgage Network has added Handelsbanken to its lender panel, giving advisers access to...

Latest publication

Other news

Mortgage industry cycle challenge raises £26k for children and homelessness charities

Mortgage industry leaders have raised £26,002 for two charities after cycling 472 miles from...

MTD pressure prompts 22% of landlords to consider quitting

More than one in five UK landlords have considered leaving the rental market as...

MortgageMatch launches AI-ready broker directory

MortgageMatch.org has launched a consumer-facing platform designed to make finding and comparing mortgage brokers...