CHL Mortgages for Intermediaries has announced the launch of limited edition 75% and 80% LTV fixed-rate products.
In terms of its 80% LTV offering, it has added a range of new 2 and 5-year fixed-rate products across single dwelling and HMO property types. Rates now start from 3.35% for 2-year fixed rates and from 4.84% for 5-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 5-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 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."
