CHL broadens fee options on limited BTL range

The refreshed range including the new fee options is available on the lender’s standard and small HMO/MUFB products.

For self-contained units, the 2-year fixed rates in the range now also include 0% and 3.5% fee options, while the 5-year fixed rates feature 0%, 3.5% and 7% fee options.

Investors looking to finance small HMO or MUFBs with up to six bedrooms or units can now also choose a 2-year fixed rate with 0% fee option, or 5-year fixed rates with 0% and 7% fee options.

The lender has also made slight rate reductions on its existing 2% and 5% fee options.

Ross Turrell, commercial director at CHL Mortgages, said: 

“We continue to work hard to support borrower affordability and listen closely to what our broker partners tell us they need to meet their clients’ ever-changing requirements.

“On the back of intermediary feedback, I’m delighted we’ve been able to pass on some recent rate reductions and add the additional fee options to our limited edition range. These additions will offer brokers and their clients even greater choice.”