Specialist buy-to-let (BTL) lender CHL Mortgages has revised its product range.
Products are available with 2%, 3.5%, 5% and 7% fee options and loan-to-value (LTV) bandings of 55%, 65%, 70% and 75%.
2-year fixed rates start from 3.41% for a Standard Buy-to-Let, with house in multiple occupation (HMO) and multi-unit freehold block (MUFB) products starting from 3.43%.
5-year fixed products are also available, starting from 4.76% for a Standard Buy-to-Let, with HMO and MUFB products starting from 4.83%.
Interest coverage ratio (ICR) are pay rate for 5-year fixed, and 5.5% or pay rate plus 2% (whichever is higher) for 2-year fixed.
Ross Turrell, commercial director at CHL Mortgages, said: “Despite the recent increasing swap rates, we are still pleased to provide low rate options to landlords which is a useful solution to assist with cashflow.”
