CHL Mortgages chops rates across BTL range Mortgage Strategy

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CHL Mortgages for Intermediaries has announced a reprice of its buy-to-let range, cutting rates by as much as 32bps.

The specialist lender has reduced rates by up to 32bps on its CHL 1 limited edition range, with two-year fixed rates now starting at 2.35% and five-year fixed rates from 4.40%.

CHL has also reduced rates by 30bps on its CHL 2 two- year fixed rate range with rates now starting from 2.59%, and by 10bps on its CHL 2 five-year fixed rate range with rates from 4.68%.

The CHL 1 range offers  products for a wide range of property types, from single dwelling buy-to-lets to houses in multiple occupation (HMOs) and multi-unit freehold blocks (MUFBs) of up to six bedrooms/units; while the CHL 2 range is aimed at landlords with more complex property types, such as large HMOs and MUFBs of up to 10 bedrooms/units.

All products are open to individual and limited company landlords, with a choice of product fees and up to 75% LTV available.


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