CHL Mortgages

CHL Mortgages is a specialist buy-to-let lender, lending to Individuals and Limited Companies. It lends on Houses, Flats, Shared Accommodation, New Builds, HMOs, and MUFBs. It lends to First Time Landlords right through to experienced Portfolio Landlords. 
 
Applicant
  • Individuals 
  • Limited Companies 
  • Includes Portfolio Landlords 
Rental Calculation
  • Basic Rate & Ltd Co. from 125% 
  • Higher Rate tax payer from 145%
  • 5-year fixed products ICR calculation at Pay rate
Loan
  • Max £1m per property. (Larger loans upon referral). 
  • Max 75% LTV
  • Portfolios max £2.5m, rising to £5m after 12 months. Unlimited number of properties in the background.
Limited companies
  • SPVs, including newly incorporated companies
  • Trading companies considered
     
Tenancies
  • Single/Multiple AST  36 months 
  • Shared accommodation & student lets 
  • Corporate/Local Authority Leases, upon referral

Proc Fees

Product Gross Net Gross Min Gross Max
All products 0.55% 0.50%
CHL Mortgages

How to Register

Registering for the first time:

The principal of the firm can register on CHL Mortgages’ website. Once registered, the principal can add other users from the firm. A full guide to registration can also be found in the documents section of their website.

Add Paradigm as payment route:

Select Paradigm from the drop down list of Mortgage Clubs, on each application submission.