CHL Mortgages expands BTL range, adds lower rates

CHL Mortgages for Intermediaries has enhanced its buy-to-let (BTL) range, adding more products, cutting rates by up to 0.44%, and introducing new loan-to-value (LTV) tiers and fee options. 

Rates now start at 2.24% for single dwelling 2-year fixed products, 2.34% for small houses in multiple occupation (HMO) and multi-unit freehold blocks (MUFB) 2-year fixes, and 2.76% for short-term let 2-year fixes. 

Selected products offer free valuations for all property types, including large HMOs and MUFBs, and are available to both individual and limited company landlords.

The CHL 1 range covers single dwelling BTLs, HMOs, and MUFBs up to six bedrooms or units. 

The CHL 2 range is aimed at landlords with more complex property types, such as large HMOs or MUFBs up to 10 bedrooms or units, short term lets and serviced accommodation.

Darrell Walker (pictured), Chetwood Bank group sales director for CHL Mortgages for Intermediaries and ModaMortgages, said: “We’re excited to unveil our completely refreshed buy-to-let range which gives brokers access to our most extensive set of buy-to-let solutions. 

“Our new range gives landlords more choice than ever before – no matter what type of buy-to-let product they’re looking for.”

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