CHL Mortgages has re-launched a range of variable rate products to include lifetime and 3-year bank base rate (BBR) trackers across its core and refurbishment product ranges.
Both products are available to a maximum 75% loan-to-value (LTV), with a 2% product fee.
A three year early repayment charge of 3%/2%/1% applies to the 3-year tracker, with the lifetime tracker offered with a 2-year ERC of 3% and 2%.
The new products are available across several core ranges, including individuals & limited companies/LLP, small house in multiple occupations (HMOs) & multi-unit freehold properties (MUFBs), large HMOs & MUFBs and short-term lets.
As for its refurbishment range, the products can also be found within CHL’s light refurbishment cosmetic improvement, EPC improvement offerings.
Ross Turrell (pictured), commercial director at CHL Mortgages, said: “If you have landlord clients who are looking to purchase or remortgage, our products might be the solution.
“Through our blended ICR approach, customers in different tax bandings could potentially raise additional capital.”
