CHL Mortgages has launched a limited-edition range with rates starting from 4.03%.
This range features standard two-year fixed mortgages starting from 4.03% and standard five-year fixed mortgages from 4.76%. LTV options of 70% and 75% are available.
The range also includes HMO/MUFB options for properties up to six bedrooms or units with two-year and five-year fixed rates starting from 5.56% and 4.81% respectively, with 70% and 75% LTV options available.
All these products are available to both individual and limited company landlords, with several fee and zero free options.
“We wanted to start the new year with a bang, so although swap rates are remaining stubbornly high, we’ve shaved margins to assist brokers and their landlord clients,” said Ross Turrell, commercial director at CHL Mortgages (pictured above).
“Our limited edition products offer a broad range of fees including 5% and 7% options which subsidise the rate to improve the rent cover calculation and aid with cashflow.”
