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

Atom bank introduces rate discount for high coverage commercial mortgage cases

Atom bank has launched a new pricing incentive for commercial mortgage borrowers with strong...

Abandoned mortgage value jumps to £32.4bn

Home buyers walked away from more than £32 billion of agreed mortgage lending last...

More2life pilots interest reward feature within Omni range

Later life lender more2life has launched a pilot of a new lifetime mortgage feature...

Glenhawk appoints origination director for structured real estate

Short-term lender Glenhawk has strengthened its structured real estate team with a senior origination...

Dudley cuts rates across core and specialist ranges

Dudley Building Society has cut mortgage rates by as much as 1.30% across its...

Latest publication

Other news

Atom bank introduces rate discount for high coverage commercial mortgage cases

Atom bank has launched a new pricing incentive for commercial mortgage borrowers with strong...

Abandoned mortgage value jumps to £32.4bn

Home buyers walked away from more than £32 billion of agreed mortgage lending last...

More2life pilots interest reward feature within Omni range

Later life lender more2life has launched a pilot of a new lifetime mortgage feature...