CHL unveils two-year tracker range at 75% LTV

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CHL Mortgages has introduced a limited-edition range of two-year tracker products at 75% LTV, expanding its specialist proposition for landlords.

The new products are available across single dwelling and HMO property types and come with no early repayment charges. Brokers can choose between 2% and 5% fee options.

For single dwelling properties, rates are set at 5.50% with a 2% fee and 4.10% with a 5% fee. HMO products are priced at 5.60% with a 2% fee and 4.20% with a 5% fee.

The launch follows the lender’s recent move to strengthen its higher LTV offering, with the introduction of limited-edition 75% and 80% LTV fixed rate products across both single dwelling and HMO property types.

Darrell Walker, group sales director at Chetwood Bank Group for CHL Mortgages and ModaMortgages, said: “We’re pleased to announce the launch of these limited-edition two-year 75% LTV tracker products.

“Following on from the introduction of a new range of 75% and 80% LTV products, the launch of these trackers reinforces our commitment to providing a competitive, well-rounded suite of specialist mortgage solutions which are designed to support brokers and landlords in an ever-changing market.”

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