CHL Mortgages has cut rates across its 75% loan-to-value range by up to 15 basis points.

The intermediary-only buy-to-let lender says its five-year fixed-rate products now start at 3.10% at 75% LTV on individual and limited company loans, with houses in multiple occupation and multi-unit freehold blocks two-year rates starting at 3.39% and five-year from 3.48%.

The changes in full for its individual and limited company buy-to-let range up to 75% LTV are:

A two-year fixed-rate offer at 3.15%, with an unchanged 1.5% arrangement fee. The previous rate was 3.30%.

A five-year fixed-rate offer at 3.10%, with an unchanged 2% arrangement fee. The previous rate was 3.25%.

And a five-year fixed-rate mortgage now 3.30%, with an unchanged 1% arrangement fee. The previous rate was 3.45%.

The changes in full for its HMO and MUFB buy-to-let range up to 75% LTV include:

A two-year fixed-rate product at 3.39%, with an unchanged 2% arrangement fee. The previous rate was 3.54%.

And a five-year fixed-rate loan at 3.48%, with an unchanged 2% arrangement fee. The previous rate was 3.64%.

Also, the firm says at 65% LTV for individuals and limited companies, the 3.19% five-year fix now has a reduced arrangement fee of 1%. Early repayment charges are 3/2 for the two-year fix and 5/4/3/2/1 for the five-year fix.

It adds, interest coverage ratio starts at 125% of the mortgage payment and is calculated at payrate for all five-year products on both purchase and re-mortgage, including HMO and MUFB.

CHL Mortgages commercial director Ross Turrell says: “We’ve seen positive movement in the markets with long term swap rates improving and so have moved quickly to pass these savings onto landlords through our intermediary partners.