CHL expands range of buy-to-let mortgages

Published: January 07, 2008

Specialist buy-to-let lender CHL Mortgages has expanded its range of fixed rate and tracker products.

The company has added four fixed rate and two tracker mortgages to its range, with all the new offerings available on a loan-to-value of up to 85 per cent.

Among the new products are two two-year fixed term mortgages, as well three and five year options, offering interest rates between 5.59 per cent and 5.79 per cent.

At the same time, both tracker products last for two years and offer the equivalent to current rates of 6.75 per cent, with one of the deals also providing buy-to-let landlords with free valuation on properties up to £500,000 in value.

Trevor Child, head of sales and marketing at CHL Mortgages, said: "These new fixed and tracker rate buy-to-let products certainly kick off the new year in style for our intermediary customers and their buy-to-let clients."

"This enhanced range delivers competitive prices alongside targeted criteriawhich should please many in the marketplace."