CHL Mortgages has launched a new range of limited edition two- and five-year fixed-rate buy-to-let products alongside a series of changes to its lending criteria.

The new range includes products for single dwelling properties, as well as houses in multiple occupation (HMOs) and multi-unit freehold blocks (MUFBs) of up to six bedrooms or units.

Rates start at 3.6%, with the products available to individual and limited company buy-to-let landlords at up to 80% loan-to-value (LTV). Borrowers also have a choice of product fee options.

Alongside the new products, the specialist lender has made a number of changes to its lending criteria.

These include accepting applications from first-time buyers and removing the minimum income requirement for non-first-time buyers.

CHL Mortgages has also reduced its minimum property valuation requirement and increased the maximum permitted number of storeys in blocks of flats, including ex-local authority blocks, from its previous limit to 20 storeys.

Roger Morris, group distribution director at CHL Mortgages, said the changes would provide landlords with greater choice when financing property.

“We’re committed to helping landlords achieve their property goals and these criteria enhancements do just that,” he said.

“And when you add the new limited edition range, with support for both standard and specialist properties, we’re delivering the flexibility and choice that today’s investors demand.”