CHL Mortgages launches new 75% and 80% LTV products

CHL Mortgages for Intermediaries has reinforced its upper LTV proposition by launching new limited edition 75% and 80% LTV fixed rate products.

The specialist lender has strengthened its 80% LTV offering, adding a range of new two and five-year fixed rate products across single dwelling and HMO property types. 

Rates now start from 3.35% for two-year fixed rates and 4.84% for five-year fixed rates, with a choice of 2% or 5% fee options.

The lender has also bolstered its 75% LTV offering with a number of new five-year fixed rate products across single dwelling and HMO property types. With a choice of 2%, 3.5% and 5% fee options, the products complement the existing 75% LTV range which includes a limited edition 7% fee option at 4.34%.

Darrell Walker, Chetwood Bank's group sales director for CHL Mortgages for Intermediaries and ModaMortgages, said: “These new additions to our range of products reinforce our upper LTV proposition and reflect our commitment to giving landlords genuine flexibility and choice. 

“By expanding our 75% and 80% LTV fixed rate ranges, investors can select the structure that best suits their strategy - whether that’s minimising upfront costs or securing a competitive fixed rate.”