"We’ve seen positive movement in the markets with long term swap rates improving and so have moved quickly to pass these savings onto landlords through our intermediary partners."
Five-year fixed rates now start from 3.10% at 75% LTV on individual and limited company with HMO and MUFB two-year products available from 3.39% and five-year rates from 3.48%.
In addition, at 65% LTV for individuals and limited companies, a 3.19% five-year fixed now has a reduced arrangement fee of 1%.
ICR starts from 125% of the mortgage payment and is calculated at payrate for all five-year products on both purchase and remortgage, including HMO/MUFB.
Ross Turrell, commercial director at CHL Mortgages commented: "We’ve seen positive movement in the markets with long term swap rates improving and so have moved quickly to pass these savings onto landlords through our intermediary partners.
“The buy-to-let marketplace is hugely competitive and it’s important to outline our product and service values on an ongoing basis. Passing on these savings – alongside no loading on our valuation fees - demonstrates our commitment to promoting transparency throughout our proposition. Attributes we will continue to build on in H2 2021.”
