CHL launches new BTL range

clock

CHL Mortgages has launched a number of fixed rate and tracker buy-to-let products it was announced today.

The new deals include four fixed rates, starting at 5.29%, and three trackers, beginning at 5.34%. The 5.29% deal is fixed until the end of 2010 and can lend up to 85% LTV for a 1.5% fee. A 5.45% deal is available for up to 70% LTV and is fixed until the end of 2010 with a completion fee of £1,999. A deal at 5.79% offers up to 85% LTV until the end of December 2010 with a £1,299 fee, while a remortgage at the same rate is available on a fee-free basis. All of the above require 115% rental cover. A tracker at 5.34% tracks the base rate plus 0.09% and can lend up to 85% with a completion...

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