No changes to mortgage range - CHL

clock

CHL Mortgages has today asserted its commitment to the specialist mortgage market and says it will not be making any changes to its current mortgage range.

Many specialist lenders in the sub-prime market have pulled their product ranges over the past two weeks or raised interest rates after a global credit crunch. CHL says it still offers the same range of products as it did one month ago, including a 6.35% self-cert for 95% LTV maturing in May 2010 and a buy-to-let tracker at 0.49% above the base rate. Commenting on the move, Trevor Child, head of sales and marketing at CHL Mortgages, says: “While many other lenders have re-priced or pulled their product ranges over the last month, CHL continues to offer the same product range this month as...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Mortgages

Client conundrum: Mortgage overpayments versus investments

Client conundrum: Mortgage overpayments versus investments

1.4 million people will see mortgage deals end this year

Laura Suter
clock 22 February 2023 • 3 min read

Summer economic update: Sunak confirms stamp duty holiday in 'mini-Budget'

Mini Budget

Hannah Godfrey
clock 08 July 2020 • 2 min read

FCA sounds alarm on equity release advice

'Tick-box exercise'

Hannah Godfrey
clock 17 June 2020 • 1 min read