CHL Mortgages has reduced rates by 30 basis points (bps) across its short-term let range, with rates starting from 3.16% for landlords with holiday lets or serviced apartments.
All deals are open to individual and limited company landlords up to 80% loan to value (LTV), with a choice of fee options and free valuations on selected short-term lets.
The lender has also launched limited-edition products starting from 2.7% for single dwelling properties and from 2.8% for houses in multiple occupation (HMOs) and multi-unit freehold blocks (MUFBs) with up to six bedrooms or units.
Mil Consiglio (pictured), head of sales at CHL Mortgages, said: “This reflects our focus on delivering great value products for landlords who may be looking to diversify their portfolios and explore other investment opportunities.”
Last month, the lender appointed Jenna Macey as its business development manager (BDM) for London and the South East of England.