Specialist lender CHL Mortgages has launched a range of limited edition mortgages for landlords.

The mortgages are available on two and five-year fixed-rate deals. The lowest rate on offer is 3.95% for a two-year fix. For landlords looking for the security of fixing their payments for longer, five-year fixes start at 4.99%.

Borrowers can choose between a 2% or 5% fee upfront and the mortgages are available up to 75% loan-to-value. This means landlords will need a deposit of at least 25%.

The mortgages are open to individual landlords as well as those operating under a limited company structure. Landlords with HMOs (houses in multiple occupation) and MUFBs (multi-unit freehold blocks) can also apply.

This new range comes hot on the heels of other improvements to CHL’s buy-to-let offering, including lower rates on two-year fixed products and criteria enhancements.

Ross Turrell, commercial director at CHL Mortgages, said: “At CHL Mortgages, we’re constantly monitoring the market and looking at changes in demand to ensure we’re creating the products brokers need to meet their clients’ ever-changing requirements.

“Our new limited edition products expand on our already competitive range and recent criteria enhancements, offering intermediaries and their clients even greater choice.”