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.”
