CHL Mortgages for Intermediaries has launched new 80% LTV products across single properties, small HMOs and short lets.
The new products include 3.5% and 5% fee options, with 2-year fixed rates starting from 3.40% and 5-year rates from 5.06%. Zero fee options are also available, with 2-year fixed rates starting at 5.90% and 5-year rates from 6.16%.
Borrowers can access loans up to £750,000, with products available to both individuals and limited companies.
In addition, CHL has introduced four limited edition 75% LTV products across its single dwelling and small HMO ranges, each carrying a 7% fee.
CHL group sales director Darrell Walker says: “We’re proud to announce this expansion of our upper LTV buy-to-let offering which marks a significant step forward in our mission to give landlords greater choice and flexibility.”
And he tells brokers: “Whether your client is looking for a product which enables them to pay more upfront in return for lower rates over time, or a fee-free product which allows them to minimise their upfront costs, these new products reaffirm our commitment to supporting landlords with competitive solutions.”
This article is taken from Landlord Today