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.

[tds_create_account btn_bg_h="#000000" f_text_font_family="global-2_global" show_version="" tdc_css="eyJhbGwiOnsiYm9yZGVyLXJhZGl1cyI6IjUiLCJkaXNwbGF5IjoiIn19"]

Latest articles

Knowledge Bank records 6,800 lender criteria changes in August

Knowledge Bank recorded more than 6,800 changes to lender criteria during August, the highest...

Conveybuddy appoints Chris Smith as regional director

Conveybuddy has appointed Chris Smith as regional director for London and the South East...

Landbay cuts Core buy-to-let rates by up to 0.20%

Landbay has cut rates across 19 products in its Core buy-to-let range, with reductions...

Stowell returns to Accord in regional sales manager role

Accord Mortgages has recruited Kelly Stowell as regional sales manager for London, the South-East...

Treasury rules out stamp duty relief for homeowners downsizing

HM Treasury has rejected a proposal to offer stamp duty relief to homeowners moving...

Latest publication

Other news

Knowledge Bank records 6,800 lender criteria changes in August

Knowledge Bank recorded more than 6,800 changes to lender criteria during August, the highest...

Conveybuddy appoints Chris Smith as regional director

Conveybuddy has appointed Chris Smith as regional director for London and the South East...

Landbay cuts Core buy-to-let rates by up to 0.20%

Landbay has cut rates across 19 products in its Core buy-to-let range, with reductions...