I think we are now all aware that the increases in buy-to-let (BTL) mortgage rates over recent months have impacted borrowers’ affordability, as lenders use an ICR to determine the maximum amount a client can borrow. Whilst rates have started to come down, we are some way off those that could have been enjoyed not …
CHL Mortgages cuts BTL rates and enhances its product offering.
CHL Mortgages, the intermediary only specialist buy-to-let lender, has reduced 2 and 5 year fixed rates products across its Core and Refurbishment BTL ranges and has reintroduced 75% LTV options on its 5-year fixed rate and 3-year tracker products. The lender has also added further product fee options to the 5-year fixed product range, including …
CHL Mortgages cuts BTL rates and enhances its product offering.Read More