CHL Mortgages for Intermediaries has expanded its upper loan-to-value range with a series of limited edition 75% and 80% LTV fixed-rate products aimed at supporting landlords seeking greater flexibility.
The specialist lender has strengthened its 80% LTV proposition by introducing new two-year and five-year fixed rates for both single dwellings and HMOs.
Pricing now starts from 3.35% on two-year fixes and from 4.84% on five-year terms, with a choice of 2% or 5% fee structures.
CHL has also enhanced its 75% LTV offering, adding several new five-year fixed-rate products for single dwellings and HMOs.
Fee options of 2%, 3.5% and 5% are available, complementing the existing 75% LTV limited edition product carrying a 7% fee and priced at 4.34%.
Darrell Walker (pictured), Chetwood Bank group sales director for CHL Mortgages for Intermediaries and ModaMortgages, said: “These new additions to our range of products reinforce our upper LTV proposition and reflect our commitment to giving landlords genuine flexibility and choice.
“By expanding our 75% and 80% LTV fixed rate ranges, investors can select the structure that best suits their strategy – whether that’s minimising upfront costs or securing a competitive fixed rate.”
