CHL Mortgages launches limited edition buy-to-let rates from 4.03%

CHL Mortgages has launched a limited edition range of two and five-year fixed rate standard and HMO/MUFB buy-to-let products.

The new range features standard two-year fixed rates starting from 4.03% and standard five-year fixed rates from 4.76%, with 70% and 75% LTV options available.

The range also includes HMO/MUFB products for properties up to six bedrooms or units with two-year fixed rates starting from 5.56%, again with 70% and 75% LTV options available.

All products are available to individual and limited company landlords and feature a range of product fees, including a fee free option, to provide more choice.

Ross Turrell, commercial director at CHL Mortgages, said: “We wanted to start the new year with a bang, so although swap rates are remaining stubbornly high, we’ve shaved margins to assist brokers and their landlord clients. 

“Our limited edition products offer a broad range of fees including 5% and 7% options which subsidise the rate to improve the rent cover calculation and aid with cash flow.”