CHL Mortgages has announced it is launching new limited-edition products with rates from 2.70% and reducing rates by 30bps across its short-term let range.
The specialist lender’s new limited-edition products start from 2.70% for single dwelling properties and from 2.80% for HMO and MUFB properties with up to six bedrooms or units.
The lender has also reduced rates by 30bps across its short-term let range with rates now starting from 3.16% for landlords who intend to let a property for a short period, such as a holiday let or serviced apartments.
All products are open to individual and limited company landlords, with up to 80% LTV available, a choice of fee options and free valuations on selected short-term lets.
Mil Consiglio, Head of Sales at CHL Mortgages, said: “We’re excited to be launching these new limited-edition products with rates from 2.70%, as well as slashing rates by 30bps across our short-term let range.
“This reflects our focus on delivering great value products for landlords who may be looking to diversify their portfolios and explore other investment opportunities.”
