All Product Switches/Transfers must be applied for by a professional mortgage adviser registered with CHL Mortgages for Intermediaries (those not already registered to submit business can do so here). The customer benefits of applying for a Product Switch/Transfer: Product Switch/Transfer eligibility requirements To be considered for a Product Switch/Transfer: CHL Mortgages reserves the right to …
Maximum LTV
75% NOTE: For CHL 1 products the total LTV inclusive of fees cannot exceed 80% Related words: Loan to value, loan size, loan amount, council
Minimum Loan
£25,001 Related words: Size, limit, amount, lowest, least
Maximum Loan
Related words: Size, limit, amount, highest, most, LTV, MUFB, borrow
Minimum term
5 years. Related words: Loan limit, least, length
Maximum term
30 years. Related words: Loan limit, most, length
Maximum Aggregate Exposure
Max. aggregate borrowing with CHL Mortgages: (with no limit on the number of properties/mortgages) Related words:portfolio exposure, risk, max, year, loan limit, borrow
Remortgage within 6 months
Permitted. Lending is based on the market value where uplift explained by works/changes to the property/title, otherwise value limited to original Purchase Price/pre-works value. Related words: day one, period, refurb, renovation, enhance, additional borrowing, valuation