The previous maximum LTV was 75 per cent.
The seven-year fixed rate comes with a one per cent and two per cent fee options and interest coverage ratio (ICR) will be calculated at the pay rate. The product up to 75 per cent LTV with a two per cent fee has a rate of 3.25 per cent and the one per cent fee option at the same LTV has a rate of 3.45 per cent.
Up to 80 per cent LTV, the two per cent fee option comes with a rate of 3.64 per cent and the one per cent fee option is priced at 3.79 per cent.
The lender has also released seven-year fixed rates for houses in multiple occupation (HMO) and multi-unit freehold block (MUFB), which are available up to 75 per cent LTV and with two fee options.
The two per cent fee option has a rate of 3.45 per cent and the one per cent fee option has a rate of 3.65 per cent.
All the seven-year fixed rates come with early repayment charges (ERC) of five per cent for the first three years, and then it falls by one per cent a year until term-end.
Its two and five-year fixed rates at 80 per cent LTV for individual and limited company borrowers have rates of 3.69 per cent and 3.49 per cent respectively. Both are subject to a two per cent fee.
Its two-year fixed rate with a one per cent fee has a rate of 4.19 per cent, whilst its five-year fixed rate with the same fee has a rate of 3.69 per cent.
Five-year fixed rates come with ERCs, initially at five per cent and then falling by one per cent per year until the end of the term. The ICR is also calculated at the pay rate.
Ross Turrell (pictured), commercial director at CHL Mortgages, said: “These products will nicely complement our existing BTL range. They have been designed after listening to, and acting upon, feedback from intermediary partners who expressed a desire for additional choice and support when it comes to servicing the longer-term needs of their landlord clients in an uncertain interest rate environment.
“Choice is important when it comes to the length of product terms but also when it comes to delivering competitive products at the higher end of the LTV bands. These new additions provide great value to our overall product range.”
