Chetwood Financial acquires CHL Mortgages
Digital bank Chetwood Financial has acquired buy-to-let lender CHL Mortgages from Barossa Asset Purchaser Sarl.
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Digital bank Chetwood Financial has acquired buy-to-let lender CHL Mortgages from Barossa Asset Purchaser Sarl.
Buy-to-let mortgage lender will complement bank's new division
CHL Mortgages has reduced landlord prices by as much as 37 basis points, with its standard buy-to-let two-year fixed-rate deals now starting at 3.00%. The specialist lender adds that its standard five-year fix begins at 4.35%. While houses in multiple occupation/multi-unit freehold block two-year fixes are
CHL Mortgages has lowered fixed rates on its buy-to-let mortgage range. The specialist buy-to-let lender's CHL 1 product range has seen reduction by up to 0.65%. The CHL 1 product, launched last November, was designed for customers with a clean credit history and consists of standard buy-to-let and Small HMO/MUFB
CHL Mortgages has expanded its product range, and now includes standard buy-to-let two-year fixed-rate mortgages up to 65% loan to value that start at 3.65%. The specialist landlord lender says this two-year fix is also available at up to 70% LTV, from 3.72%, and up to 75% LTV from 4.90%. The five-year term