CHL Mortgages has launched a limited edition range of two-year 75% Loan-to-Value (LTV) tracker products.
The specialist lender has introduced trackers for property types and multi-occupancy homes (HMO), with no early repayment charges and a choice of 2% and 5% fee options.
The rates for single-home products are 5.50% with a 2% rate and 4.10% with a 5% rate, while the rates for HMO products are 5.60% with a 2% rate and 4.20% with a 5% rate.
Chetwood Bank group sales director for CHL Mortgages and ModaMortgages Darrell Walker says: “We are delighted to announce the launch of these limited-edition two-year 75% LTV tracker products.”
“Following the introduction of a new range of 75% and 80% LTV products, the launch of these trackers reinforces our commitment to providing a competitive, well-rounded range of specialist mortgage solutions designed to support brokers and landlords in an ever-changing market.”
In November last year, CHL Mortgages launched an 80% LTV purchase and rental program.