"We wanted to start the new year with a bang, so although swap rates are remaining stubbornly high, we’ve shaved margins to assist brokers and their landlord clients. "
- Ross Turrell, commercial director at CHL Mortgages
CHL Mortgages has launched a limited edition range of two and five-year fixed rate standard and HMO/MUFB buy-to-let products.
The new range features standard two-year fixed rates starting from 4.03% and standard five-year fixed rates from 4.76%, with 70% and 75% LTV options available.
The range also includes HMO/MUFB products for properties up to six bedrooms or units with two-year fixed rates starting from 5.56%, again with 70% and 75% LTV options available.
All products are available to individual and limited company landlords and feature a range of product fees, including a fee free option, to provide more choice.
Ross Turrell, commercial director at CHL Mortgages, said: “We wanted to start the new year with a bang, so although swap rates are remaining stubbornly high, we’ve shaved margins to assist brokers and their landlord clients.
“Our limited edition products offer a broad range of fees including 5% and 7% options which subsidise the rate to improve the rent cover calculation and aid with cash flow.”
