CHL Mortgages launches limited edition 75% LTV tracker products Mortgage Finance Gazette

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CHL Mortgages has launched a limited-edition range of two-year 75% loan-to-value (LTV) tracker products.

The specialist lender has introduced trackers across single dwelling and houses of multiple occupancy (HMO) property types with no early repayment charges and a choice of 2% and 5% fee options.

Rates for single dwelling products are 5.50% with a 2% fee and 4.10% with a 5% fee, while rates for HMO products are 5.60% with a 2% fee and 4.20% with a 5% fee.

Chetwood Bank group sales director for CHL Mortgages and ModaMortgages Darrell Walker says: “We’re pleased to announce the launch of these limited-edition two-year 75% LTV tracker products.”

“Following on from the introduction of a new range of 75% and 80% LTV products, the launch of these trackers reinforces our commitment to providing a competitive, well-rounded suite of specialist mortgage solutions which are designed to support brokers and landlords in an ever-changing market.”

In November last year, CHL Mortgages launched an 80% LTV buy to let range.