CHL Mortgages said higher LTV options are also available across its product range. For 65% LTV, the rates start from 3.25% on standard BTL and 3.28% for HMO or MUFB. For products with a 70% LTV, the starting rates are 3.35% for standard BTL and 3.37% for HMO or MUFB. Products at 75% LTV have starting rates of 4.54% for standard BTL and 4.55% for HMO or MUFB.
The lender also offers a variety of product fees, including 2%, 5%, and 7% options on the CHL 1 range, designed for both individuals and limited companies.
“We are delighted to announce that we have expanded our CHL 1 product range by re-introducing five-year fixed products and added new 55% LTV bands,” said Ross Turrell (pictured), commercial director at CHL Mortgages. “These additions have been made to help intermediaries better serve their clients’ needs.”
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