CHL Mortgages unveils new buy-to-let product range

Published on

CHL Mortgages has made changes to its product range.

Products are available with 2%, 3.5%, 5% and 7% fee options and LTV bandings of 55%, 65%, 70% and 75%.

The specialist buy-to-let lender’s two-year fixed rates start from 3.41% for a standard buy-to-let, with HMO/MUFB products starting from 3.43%.

Five-year fixed products are also available, starting from 4.76% for a standard buy-to-let, with HMO/MUFB products starting from 4.83%.

Its ICR calculations are as follows:

  • Five-year fixed: Pay rate
  • Two-year fixed: 5.5% or pay rate plus 2% (whichever is higher)

Ross Turrell, commercial director at CHL Mortgages, said: “Despite the recent increasing swap rates, we are still pleased to provide low rate options to landlords which is a useful solution to assist with cashflow.”

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

Private rental sector ‘losing 562 properties a day’

The private rental sector is losing properties at its fastest rate since records began...

CHL Mortgages launches limited edition buy-to-let range and eases criteria

CHL Mortgages has launched a limited edition buy-to-let range alongside a series of criteria...

ModaMortgages launches fee-free limited edition buy-to-let range

ModaMortgages has launched a limited edition range of two-year and five-year fixed-rate buy-to-let products...

Conveyancer decline adds to capacity pressure as exchange times lengthen

The number of solicitors working in residential conveyancing has continued to fall as separate...

Skipton extends Delayed Start mortgage to more home movers

Skipton Building Society has widened access to its Delayed Start Mortgage, allowing more home...

Latest publication

Other news

Private rental sector ‘losing 562 properties a day’

The private rental sector is losing properties at its fastest rate since records began...

CHL Mortgages launches limited edition buy-to-let range and eases criteria

CHL Mortgages has launched a limited edition buy-to-let range alongside a series of criteria...

ModaMortgages launches fee-free limited edition buy-to-let range

ModaMortgages has launched a limited edition range of two-year and five-year fixed-rate buy-to-let products...