CHL Mortgages has expanded its product range, and now includes standard buy-to-let two-year fixed-rate mortgages up to 65% loan to value that start at 3.65%.  

The specialist landlord lender says this two-year fix is also available at up to 70% LTV, from 3.72%, and up to 75% LTV from 4.90%.  

The five-year term starts at 5.10% up to 65% LTV, 5.14% up to 70% LTV, and 5.20% up to 75% LTV.  

The firm says that the reorganisation of its deals falls into two distinct ranges — CHL 1 and CHL 2.   

Its standard buy-to-let range, which sits in CHL 1, consolidates individual and limited company loans, offering a comprehensive set of products and a wider variety of borrower situations.  

CHL 1 is aimed at customers with a clean credit history and consists of standard BTL, small houses in multiple occupation and multi-unit freehold block products.  

The CHL 2 range has more flexible criteria that caters for a wider variety of clients and complex property types.   

It offers a comprehensive set of product options, including standard BTL, small and large houses in multiple occupation and multi-unit freehold blocks, short-term lets — and its refurbishment range, which comprises cosmetic improvement, energy performance certificate improvement, and light refurbishment products.  

Two-year fixes under CHL 2 are available from 5.40% up to 70% LTV, with a 75% LTV option starting from 6.42%.   

The five-year equivalent fix starts from 5.27% up to 70% LTV and from 6.26% up to 75% LTV.   

Product fees for CHL 1 are set at 2%, 5% and 7% options, while CHL 2 fees span 2%, 3%, 5% and 7%.  

CHL Mortgages commercial director Ross Turrell says: “With the economy showing signs of recovery, we are confident that these changes will benefit landlords and affirm their optimism in a stabilising BTL market”.