Specialist lender CHL Mortgages for Intermediaries has expanded its limited edition buy-to-let range to include products with higher fee options to help more landlords access its higher LTV mortgages.
The limited edition range now features new 6% and 7% fee options on the 2 year fixed rate range at 75% LTV, and a new 6% fee option on the 5 year fixed rate range, again at 75%.
Rates for standard 2 year fixed products start from 3.12%, with 5 year fixed products starting from 4.76%.
The lender has also reduced rates by up to 30bps across its CHL 2 core product range with 2 year fixed products now starting from 3.27% and 5 year fixed products starting from 5.06%.
Ross Turrell, Commercial Director at CHL Mortgages, said:
“We’re always looking for new ways to be as competitive as possible and adding these higher fee products to our limited edition buy-to-let range enables us to explore new segments of the market.
“By entering the 75% LTV area of the high fee market, we’re giving landlords even more choice, helping to improve affordability and enabling them to access higher LTV mortgages.”
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