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CHL Mortgages New Product Range.
08 May 2024
Specialist buy-to-let lender CHL Mortgages has revised their product range.
Products are available with 2%, 3.5%, 5% and 7% fee options and LTV bandings of 55%, 65%, 70% and 75%.
2-year fixed rates start from 3.41% for a Standard Buy-to-Let, with HMO/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/MUFB products starting from 4.83%.
ICR calculations:
• 5-year fixed: Pay rate
• 2-year fixed: 5.5% or pay rate plus 2% (whichever is higher)
Ross Turrell, Commercial Director, CHL Mortgages, commented:
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.
