CHL Mortgages for Intermediaries has reinforced its upper loan-to-value (LTV) proposition by launching new limited edition 75% and 80% LTV fixed rate products.
The specialist lender has strengthened its 80% LTV offering, adding a range of new 2- and 5-year fixed rate products across single dwelling and houses in multiple occupation (HMO) property types.
Rates now start from 3.35% for 2-year fixed rates and from 4.84% for 5-year fixed rates, with a choice of 2% or 5% fee options.
The lender has also bolstered its 75% LTV offering with a number of new 5-year fixed rate products across single dwelling and HMO property types.
With a choice of 2%, 3.5% and 5% fee options, the products complement the existing 75% LTV range which includes a limited edition 7% fee option at 4.34%.
Darrell Walker (pictured), Chetwood Bank group sales director for CHL Mortgages for Intermediaries and ModaMortgages, said: “These new additions to our range of products reinforce our upper LTV proposition and reflect our commitment to giving landlords genuine flexibility and choice.
“By expanding our 75% and 80% LTV fixed rate ranges, investors can select the structure that best suits their strategy – whether that’s minimising upfront costs or securing a competitive fixed rate.”
