CHL Mortgages has today launched three new fixed rate products as part of its buy-to-let range.
The first is priced at 4.99% with a maximum LTV of 90% and completion fee of 1.25%. Early repayment is charged at 6% until 2012. The second deal is priced at 5.84% with a maximum LTV of 85% and completion fees are charged at £1,799 and a 6% early repayment charge until 2010. Lastly, there is a mortgage priced at 5.84% with a maximum LTV of 90%, completion fee of 1.5% and 6% early repayment charge until 2010. All products are fixed until 31 March 2010 and require 115% rental cover at the interest rate chosen. Commenting on the launch, Trevor Child, head of sales and marketing at CHL Mor...
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