Chorley BS launches two new BTL products
Chorley Building Society has launched two new buy-to-let products following feedback received from brokers.
The two new products are a 2-year discount and a limited company 2-year discount, both up to 70% LTV at 3.99%.
These are a 4.40% discount from the society's current SVR. Both offer a lower interest rate than the Society’s equivalent standard Buy to Let products and have a fixed 3% scheme fee.
Shane Dye, senior BDM (pictured), commented: “We listen to all feedback that we receive from our broker network. The potential to offset a scheme fee (dependent on the landlord’s individual tax liability status) and benefit from a lower interest rate, was something that had come up many times. We are delighted to include this as part of our extensive buy to let range of products.”
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