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CHL Mortgages has relaunched its range of variable rate products to include lifetime and three-year Bank of England base rate trackers across core and refurbishment offers. The specialist mortgage firm says both products are available at a maximum of 75% loan to value, with a 2% product fee. A three-year early
Generation Home commercial director Pete Dockar says including borrowers’ rental payment track record in lending decisions is a “mechanical challenge” that must be addressed. Last week, the government announced it wants to encourage mortgage lenders to include borrowers’ rental payment track record in lending
CHL Mortgages has launched a buy-to-let refurbishment range which it says is designed to help landlords improve the energy rating of their rental stock and improve its general condition. It adds: “The products offer the ability to release the costs of the refurbishment upon completion, without having to change
CHL Mortgages has entered the short-term let market with the introduction of a new five-year fixed rate product range, up to 75% loan to value (LTV). The new five-year 65% LTV short-term let products have two fee options. The 3.50% rate has a 2.5% fee while the 3.80% rate has a fee of 1%. The five-year fix 75% LTV
Seven out of 10 portfolio landlords expect to remortgage or consolidate loans over the next 12 months, according to a poll by CHL Mortgages. The intermediary-only BTL lender surveyed more than 100 specialist BTL brokers who said around 70% of their portfolio landlords clients were in this position. The poll found