CHL Mortgages for Intermediaries has unveiled an entire refresh of its buy-to-let range, together with an expansion within the variety of merchandise, fee cuts, new LTV tiers and elevated payment choices.
The specialist lender has expanded its product providing and reduce charges throughout its CHL 1 and CHL 2 ranges.
Rates for single dwelling two-year fixed-rate merchandise now begin from 2.24%, with charges for small HMO/MUFB two-year fastened charges now from 2.34% and from 2.76% for short-term let two-year fastened charges.
Free valuations can be found on chosen merchandise throughout all property sorts, together with massive HMOs and MUFBs, with mortgages open to particular person and restricted firm landlords.
The lender’s CHL 1 range provides merchandise for a large range of property sorts, from single dwelling buy-to-lets to HMOs and MUFBs of up to six bedrooms/items.
The CHL 2 range is aimed toward landlords with extra advanced property sorts, akin to massive HMOs or MUFBs of up to 10 bedrooms/items, quick time period lets and serviced lodging.
Commenting on the product adjustments Chetwood Bank Group Sales Director for CHL Mortgages for Intermediaries Darrell Walker stated: “We’re excited to unveil our fully refreshed buy-to-let range which supplies brokers entry to our most intensive set of buy-to-let options.
“Our new range offers landlords extra alternative than ever earlier than – it doesn’t matter what kind of buy-to-let product they’re searching for.”