CHL Mortgages for Intermediaries has expanded its limited edition buy-to-let (BTL) range to include products with higher fee options while Principality Intermediaries has made rate increases of up to 0.43% and decreases of up to 0.19%.
CHL’s bolstered limited edition range includes 6% and 7% fee options on the two-year fixed rate range at 75% loan-to-value (LTV) and a 6% fee option on the five-year fixed rate range also at 75% LTV.
Rates for standard two-year fixed products start from 3.12%, with five-year fixed products starting from 4.76%.
The lender has also reduced rates by up to 30bps across its CHL 2 core product range with two-year fixes starting from 3.27% and five-year fixes starting from 5.06%.
CHL Mortgages commercial director Ross Turrell says: “We’re always looking for new ways to be as competitive as possible and adding these higher fee products to our limited edition buy-to-let range enables us to explore new segments of the market.”
“By entering the 75% LTV area of the high fee market, we’re giving landlords even more choice, helping to improve affordability and enabling them to access higher LTV mortgages.”
Meanwhile, Principality Intermediaries has announced rate changes across its mortgage range.
The lender is decreasing rates on selected residential two-, three- and five-year fixed 85% LTV products by up to 0.19%.
In addition, shared ownership residential two- and five-year fixed 95% LTV products have been lowered by up to 0.17%.
Principality is also increasing rates on multiple products including its joint borrower sole proprietor range. Two- and five-year fixed at 75% LTV will increase by up to 0.43%.
Residential mortgages with cashback have also increased. These include two- and five-year fixed 75% LTV, which have gone up by as much as 0.24%.
