CHL Mortgages has today added six new fixed rate and tracker products to its range of buy-to-let mortgages.
A total of four new fixed rates have been added, including a special rate for selected customers, and two new tracker products have been released, with rates starting at 5.4%. A two-year fixed rate will give selected customers just 100% rental cover, as opposed to the usual 115%. The rate of 5.6% expires on 31 May 2010 and there is a completion fee of 1.75%. All DIPs must be completed online. In addition, CHL has released two, three and five-year fixed rates with rates of 5.59%, 5.75% and 5.79% respectively. The two-year offering has a completion fee of 2.5% and reverts to base rate ...
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