The Financial Intermediary & Broker Association (FIBA) has added CHL Mortgages for Intermediaries, part of the Chetwood Bank family, to its lender panel.
“The buy-to-let lender operates exclusively through brokers, offering solutions across England and Wales for HMOs, MUFBs, short-term lets including serviced accommodation, and standard rental properties.
Martin Reynolds, chair of FIBA, said: “Over the past few years, we’ve seen some seismic shifts in the specialist lending market, including a growing number of clients transitioning their portfolios away from traditional buy-to-lets towards HMOs and semi-commercial property that offer higher yields.
“This evolving market means that it’s increasingly important for FIBA’s lending panel to be able to offer flexible and diverse products and services to our members.
“With an approach which allows it to assess cases other lenders often cannot, including large HMOs with up to ten bedrooms, MUFBs with up to ten self-contained units, and complex HMO and MUFB layouts, CHL Mortgages for Intermediaries certainly offers something different, and I’m delighted to welcome them to the FIBA panel.”
Roger Morris, group distribution director for CHL Mortgages for Intermediaries, said: “We’re delighted to have been added to the panel of such a prestigious organisation as FIBA.
“FIBA members consistently demonstrate technical expertise that stands head and shoulders above the competition.
“The opportunity to engage with such highly skilled professionals in the world of complex buy-to-let is a genuine privilege for us.
“We’re looking forward to the opportunities, insights and support that come with FIBA membership, as well as the chance to showcase how CHL Mortgages for Intermediaries can support brokers and their landlord clients in an ever-changing buy-to-let market.”
