CHL Mortgages for Intermediaries has announced rate cuts of up to 15 basis points on selected limited edition buy-to-let products, alongside the launch of seven new offerings across its short-term let range.
The specialist buy-to-let lender has adjusted pricing to offer 2- and 5-year fixed rates starting at 2.56% for single dwelling properties and 2.60% for houses in multiple occupation (HMOs) or multi-unit freehold blocks (MUFBs).
The updated range includes multiple product fee options aimed at giving landlords greater flexibility.
In parallel, CHL Mortgages has broadened its short-term let proposition with a suite of new products tailored for landlords operating in the holiday lets and serviced accommodation sectors.
The newly launched range includes 2- and 5-year fixed rate options at up to 75% loan-to-value, with some products offering free valuations and no product fees.
Darrell Walker, group sales director at CHL Mortgages, said the rate cuts and new products underline the lender’s commitment to the landlord market.
“This rate reduction on our limited edition range further demonstrates our support for landlords,” he said.
“And with our short-term let range now offering borrowers options with free valuation and no product fee, this is a great opportunity for landlords who may be looking to diversify their portfolios and explore other investment opportunities.”
