Brilliant Solutions

The internet is down in our Head Office.  Staff continue to answer the phone and respond to messages but understandably response times and service standards are affected.  Please contact your Relationship Manager directly if you have any urgent issues.  Thank you.

Our office will be closed from 5pm Thursday, 20th October to 9am Friday, 21st October.
If you have any cases or enquiries that this may affect, please contact our team today. We apologise for any inconvenience.

We are currently experiencing some technical issues that are affecting our telephone lines and internet connection.

We hope to resolve this asap. Apologies for the inconvenience.

 

In honour of Her Majesty Queen Elizabeth II our offices will be closed on Monday 19th September while our staff pay their respects.

The office will re-open at 9am on Tuesday 20th September.

CHL Mortgages

CHL Mortgages has updated its product and criteria, the details are below.  These products are available through our direct to lender mortgage club so contact us for more information on how our club can support your business. 

CHL Mortgages cuts BTL fixed rates by up to 0.50%

CHL Mortgages, the intermediary-only specialist buy-to-let lender, has reduced its rates across all 5-year and 2-year fixed rate buy-to-let (BTL) mortgages by up to 0.50%.

A 0.45% reduction has been applied to 5-year fixed rate Individual and Limited Company/LLP products, now at 6.19%.HMO/MUFB 5-year fixed rate products are reduced by 0.50%.

Small HMO/MUFB (for up to 6 bedrooms/units) now has a rate of 6.24%, while the rate for the large HMO/MUFB product (for up to 10 bedrooms/units) sits at 6.29%.

The 5-year short-term-let fixed rate product has also reduced by 0.50% and is now 6.24%.

A cut of 0.45% has been applied to all 5-year fixed rate products in the Refurbishment range, with rates starting from 6.29%. The 2-year fixed Refurbishment products are reduced by 0.40%, with rates now starting from 6.30%.

All 5-year fixed rate products are available to a maximum of 70% LTV, with a 3% product fee and have an ERC percentage of 5/4/3/2/1. The 2-year fixed Refurbishment products are also available to a maximum of 70% LTV, with a 3% product fee, with the ERC percentage, in this case, being 3/2. 

Pricing of the Lifetime Tracker products in the Refurbishment range remains unchanged.

New Core Product Range

Individuals & Limited Companies/LLP:

  • 5-year fixed interest rate of 6.19% 

Small HMOs & MUFBs:

  • 5-year fixed interest rate of 6.24%

Large HMOs & MUFBs:

  • 5-year fixed interest rate of 6.29%

Short Term Lets:

  • 5-year fixed interest rate of 6.24%

New Refurbishment Product Range

Light Refurbishment

  • 5-year fixed interest rate of 6.34% (Individual and Limited Company/LLP) 
  • 2-year fixed interest rate of 6.35% (Individual and Limited Company/LLP) 
  • 5-year fixed interest rate of 6.39% (Small HMO/MUFB)
  • 2-year fixed interest rate of 6.40% (Small HMO/MUFB)

 EPC Improvement

  • 5-year fixed interest rate 6.34% (Individual and Limited Company/LLP)
  • 2-year fixed interest rate of 6.35% (Individual and Limited Company/LLP)
  • 5-year fixed interest rate of 6.39% (Small HMO/MUFB)

2-year fixed interest rate of 6.40% (Small HMO/MUFB)

Cosmetic Improvement

  • 5-year fixed interest rate of 6.29% (Individual and Limited Company/LLP)
  • 2-year fixed interest rate of 6.30% (Individual and Limited Company/LLP)
  • 5-year fixed interest rate of 6.34% (Small HMO/MUFB)
  • 2-year fixed interest rate of 6.35% (Small HMO/MUFB)

The full CHL Mortgages product range caters for first-time landlords, portfolio landlords, limited companies and LLPs covering a variety of BTL investments, including HMOs and MUFBs.

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