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

Foundation widens residential criteria for higher earners and adverse credit

Foundation has expanded its residential mortgage criteria to accommodate more borrowers with historic credit...

Northern commuter towns lead asking price growth

Commuter locations around Glasgow and Manchester are recording some of Britain’s strongest asking price...

ClearPath AI launches with £1m backing for mortgage and property platform

ClearPath AI has raised £1 million in pre-seed funding to launch an artificial intelligence...

Foundation raises income multiples for higher-earning mortgage borrowers

Foundation Home Loans has increased the amount higher-earning residential borrowers can access under changes...

Wealthy Advisers Club funds £997 wellbeing retreat place to MIMHC

The Wealthy Advisers Club has donated a fully funded place at its inaugural Digital...

Latest publication

Other news

Foundation widens residential criteria for higher earners and adverse credit

Foundation has expanded its residential mortgage criteria to accommodate more borrowers with historic credit...

Northern commuter towns lead asking price growth

Commuter locations around Glasgow and Manchester are recording some of Britain’s strongest asking price...

ClearPath AI launches with £1m backing for mortgage and property platform

ClearPath AI has raised £1 million in pre-seed funding to launch an artificial intelligence...