CHL announces BTL range and rebrands as 'CHL for Intermediaries'

It will launch a standard buy to let range as well as niche limited company, HMO, multi-unit and portfolio products through its intermediary partners.

CHL provided buy to let mortgages throughout the late 1990s through to 2008, and at full capacity originated and managed a mortgage book in excess of £6.6bn.

CHL still services a mortgage book in excess of £5bn. The CHL Loan Portfolio is comprised mostly of performing, well-collateralised UK buy-to-let loans (predominantly tracker mortgages), accounting for around 95% of the Group's Non-Core UK book.

In March 2015, Permanent TSB sold 50% of CHL's UK mortgage book to US private equity firm Cerberus Capital LP.