"This is a key addition to our distribution panel and yet another important step in CHL’s relaunch."
CHL Mortgages returned to lending in May this year and offers buy-to-let mortgage finance to landlords from first-timers to experienced portfolio players.
CHL will lend up to £1m per property with larger loans available upon referral, up to 75% LTV, with portfolio lending up to £2.5m rising to £5m after 12 months with no maximum portfolio limits in the background.
Ross Turrell, commercial director at CHL Mortgages, commented: “SimplyBiz Mortgages and CHL know each other well and it’s great to be back working with Martin and the excellent team. This is a key addition to our distribution panel and yet another important step in CHL’s relaunch.”
Makayla Everitt, head of SimplyBiz Mortgages, added: “The addition of CHL Mortgages will be welcome to those of our growing member base who want to support their clients across first-time, portfolio landlords and limited company loans. CHL’s focus on HMOs and MUFBs offers additional choice in a market that is experiencing significant growth, and therefore great interest, amongst our member firms and we feel this is a great time to make this introduction.”
