CHL Mortgages for Intermediaries has reduced rates by up to 0.17% across its CHL1 buy-to-let mortgage range, which includes limited-edition products.
In addition, the repriced limited-edition range now includes three new products.
The lender’s CHL1 range, which offers mortgages suitable for a wide range of property types, from studio flats to houses in multiple occupation (HMOs) with up to six bedrooms, now starts from 2.67% for 2-year fixed rates and from 4.56% for 5-year fixed rates.
The lender has also added three new products to its limited-edition range, aimed at landlords looking to purchase or remortgage an HMO or multi-unit freehold block (MUFB) of up to six bedrooms/units.
Landlords can now opt for 3.5% or 5% fee options when choosing a 2-year fixed rate, or a 2% fee option when selecting a 5-year fixed rate.
All products are available to individual and limited company landlords, with up to 75% LTV available.
Ross Turrell, commercial director at CHL Mortgages, said: “We’re delighted to announce we’ve reduced rates across our CHL1 range.
“The launch of the additional limited-edition products further enhances the options we’re offering to landlords looking to explore the opportunities that HMOs and MUFBs can offer.”
