CHL Mortgages launches limited edition buy-to-let tracker range
The products have no early repayment charges and a choice of 2% and 5% fee options.
CHL Mortgages has launched a limited edition range of two-year 75% LTV tracker products.
The specialist lender has introduced a collection of trackers across single dwelling and HMO property types with no early repayment charges and a choice of 2% and 5% fee options.
Rates for single dwelling products are 5.50% with a 2% fee and 4.10% with a 5% fee. Rates for HMO products are 5.60% with a 2% fee and 4.20% with a 5% fee.
The launch comes in the wake of the lender announcing it was reinforcing its upper LTV proposition by introducing new limited edition 75% and 80% LTV fixed rate products across single dwelling and HMO property types.
Darrell Walker, Chetwood Bank's group sales director for CHL Mortgages and ModaMortgages, said: “We’re pleased to announce the launch of these limited edition two-year 75% LTV tracker products.
“Following on from the introduction of a new range of 75% and 80% LTV products, the launch of these trackers reinforces our commitment to providing a competitive, well-rounded suite of specialist mortgage solutions which are designed to support brokers and landlords in an ever-changing market.”
Breaking news
Direct to your inbox:
More
stories
you'll love:
This week's biggest stories:
First-time Buyer
Just one profession pays enough for buyers to afford average UK home
Inflation
Interest rates could rise as Bank of England responds to oil shock
Bank Of England
Bank of England holds interest rates as inflation risks persist
FCA
APPG urges overhaul of 'systemically flawed' UK financial conduct regulation
This week's biggest stories:
First-time Buyer
Just one profession pays enough for buyers to afford average UK home
Inflation
Interest rates could rise as Bank of England responds to oil shock
Bank Of England
Bank of England holds interest rates as inflation risks persist
FCA
APPG urges overhaul of 'systemically flawed' UK financial conduct regulation
Mortgage Rates
Average mortgage rates rise above 5% as market turbulence continues
FCA
FCA confirms new incident reporting and third party rules