CHL Mortgages for Intermediaries has launched three new limited-edition products.
These three new products are aimed at landlords looking to purchase or remortgage an HMO or multi-unit freehold block(MUFB) of up to six bedrooms/units. Landlords can now opt for 3.5% or 5% fee options when choosing a two-year fixed rate, or a 2% fee option when selecting a five-year fixed rate.
All products are available to individual and limited company landlords, with up to 75% LTV available.
Ross Turrell, Commercial Director at CHL Mortgages, said: “We’re delighted to announce we’ve reduced rates across our CHL1 range.
“The launch of the additional limited-edition products further enhances the options we’re offering to landlords looking to explore the opportunities that HMOs and MUFBs can offer.”
