CHL launches new BTL range


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...

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