CHL Mortgages has revamped its limited-edition BTL range and added new fee options to its product suite.
The refreshed range, including the new 0%, 3.5% and 7% fee options, is available on the lender’s standard and small HMO/MUFB products.
For self-contained units, the two-year fixed rates in the range now also include 0% and 3.5% fee options, while the five-year fixed rates feature 0%, 3.5% and 7% fee options.
Investors looking to finance small HMO or MUFBs with up to six bedrooms or units can now also choose a two-year fix with 0% fee option, or a five-year fix with 0% and 7% fee options.
The existing 2% and 5% fee options have also seen slight rate reductions.
Ross Turrell, commercial director at CHL Mortgages (pictured above), said: “We continue to work hard to support borrower affordability and listen closely to what our broker partners tell us they need to meet their clients’ ever-changing requirements.
“On the back of intermediary feedback, I’m delighted we’ve been able to pass on some recent rate reductions and add the additional fee options to our limited-edition range.
“These additions will offer brokers and their clients even greater choice.”
