CHL Mortgages for Intermediaries has unveiled a whole refresh of its buy-to-let vary, together with an growth within the variety of merchandise, price cuts, new LTV tiers and elevated charge choices.
The specialist lender has expanded its product offering and lower 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 mounted charges now from 2.34% and from 2.76% for short-term let two-year mounted charges.
Free valuations can be found on chosen merchandise throughout all property varieties, together with giant HMOs and MUFBs, with mortgages open to particular person and restricted firm landlords.
The lender’s CHL 1 vary presents merchandise for a variety of property varieties, from single dwelling buy-to-lets to HMOs and MUFBs of as much as six bedrooms/models.
The CHL 2 vary is aimed toward landlords with extra advanced property varieties, akin to giant HMOs or MUFBs of as much as 10 bedrooms/models, quick time period lets and serviced lodging.
Commenting on the product modifications Chetwood Bank Group Sales Director for CHL Mortgages for Intermediaries Darrell Walker stated: “We’re excited to unveil our fully refreshed buy-to-let vary which provides brokers entry to our most intensive set of buy-to-let options.
“Our new vary offers landlords extra alternative than ever earlier than – it doesn’t matter what sort of buy-to-let product they’re searching for.”
