Buy-to-let products complemented by strong criteria that meets the needs of the intermediary and their landlord clients. Available to Individuals and Limited Company/LLP borrowers
A recent survey of 500 landlords* found that 59% would exit the market if the expected deadline of 2028 to upgrade properties to a minimum EPC C rating is introduced. This new legislation could make it challenging for landlords to purchase additional buy-to-let (BTL) properties or upgrade existing properties which require works to be carried …
CHL Mortgages has the EPC improvement mortgage solutionRead More
The ongoing Energy Price Cap continues to save consumers around 30% on their energy bills. However, food price inflation and the overall cost of living is still on the rise and tenants carry the additional burden of being unable to achieve the energy-efficiency related home improvements that many homeowners are pursuing. Further to this, landlords …
The Chancellor spoke for about an hour (on Wednesday 15th March) and said that in November he had delivered stability and today he was focused on growth. He opened by saying the economy is performing better than expected and that the OBR judge the UK will not enter a technical recession this year. He also …
2023 Spring Budget: an unintended impact on the mortgage marketRead More
CHL Mortgages will lend on the full property value within the first six months of purchase, where the enhanced value has been gained by improvement works. This can be evidenced by comparing original sales particulars to current valuation and receipts for works carried out. We will also consider enhancements to the title, for instance if …
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, the intermediary-only specialist buy-to-let lender, has launched new Lifetime Tracker products across its entire core and refurbishment product ranges. The Lifetime Tracker products are available to a maximum 70% LTV, with a two-year Early Repayment Charge (ERC) of 3% in year one and 2% in year two. A 2% product fee applies across …
CHL Mortgages introduces new Lifetime Tracker products.Read More
CHL Mortgages has introduced a buy-to-let refurbishment product range which is designed to help landlords improve the energy rating of their rental stock and/or improve the general condition of the property. The products offer the ability to release the costs of the refurbishment upon completion, without having to change product. The refurbishment product range consists …
CHL Mortgages launches Buy-To-Let refurbishment rangeRead More
