CHL Mortgages unveils limited edition buy-to-let range

Published on

CHL Mortgages has introduced a limited edition range of two and five-year fixed rate standard and HMO/MUFB buy-to-let products.

The new range features standard two-year fixed rates starting from 4.03% and standard five-year fixed rates from 4.76%.

There are 70% and 75% loan to value (LTV) options available.

The range also includes HMO/MUFB products for properties up to six bedrooms or units with two-year fixed rates starting from 5.56% and five-year fixed rates at 75% LTV, again with 70% and 75% LTV options available.

All products are available to individual and limited company landlords and feature a range of product fees, including a fee-free option.

Ross Turrell (pictured), commercial director at CHL Mortgages, said: “We wanted to start the new year with a bang, so although swap rates are remaining stubbornly high, we’ve shaved margins to assist brokers and their landlord clients.

“Our limited edition products offer a broad range of fees including 5% and 7% options which subsidise the rate to improve the rent cover calculation and aid with cash flow.”

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

Stagg Mortgage Services appoints Paul Lewis as growth director

Stagg Mortgage Services has appointed Paul Lewis as its new growth director as part...

HLPartnership adds Handelsbanken to lender panel

HLPartnership has added Handelsbanken to its lender panel as part of its ongoing strategy...

FCA warns consumers over ineffective credit builder products

The Financial Conduct Authority (FCA) has warned that many credit builder products fail to...

Affordability pressures deepen in Wales and North East as rental divergence widens

Regional divergence within the UK’s private rented sector has become more pronounced, with new...

Santander lowers mortgage pricing and unveils new large loan options

Santander is set to cut its residential fixed mortgage rates by up to 0.14...

Latest publication

Other news

Stagg Mortgage Services appoints Paul Lewis as growth director

Stagg Mortgage Services has appointed Paul Lewis as its new growth director as part...

HLPartnership adds Handelsbanken to lender panel

HLPartnership has added Handelsbanken to its lender panel as part of its ongoing strategy...

FCA warns consumers over ineffective credit builder products

The Financial Conduct Authority (FCA) has warned that many credit builder products fail to...