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Category: Buy-to-let

The product pricing starts at 1.99% for properties with an energy efficiency rating of A, which is a discount of 3.1% for two years.

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To support the return of higher LTVs, the lender has also launched two 2 and 5-year fixed rate products.

The Funding Gap (TFG) was established in August 2014 to provide companies and high net worth individuals with a route to available funding in a difficult and increasingly risk-averse market.

The app enables landlords to manage and track their portfolio’s data, as well increase their understanding of their finance needs.

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Moray Hulme, director of mortgage sales at Paragon Bank, said: “With the government proposing that PRS homes will need a minimum EPC rating of C for new tenancies by 2025 and for all homes in the sector by 2028, we recognise that a number of landlords may need to modify their portfolios.”

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The portal will allow brokers to complete the product transfer journey in less than 15 minutes with everything completed online.

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Industry stalwart Alan Cleary, group managing director for mortgages at One Savings Bank (OSB), is set to retire after 30 years in the mortgage market. 

CHL Mortgages’ buy-to-let product range is available through an array of networks, mortgage clubs, and intermediary brands.

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Simon Garner, buy-to-let mortgage manager at Accord, said: “We’re pleased to introduce this improved range, which offers even better value to those with a larger deposit.”

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The range is available both direct and via intermediaries for both purchases and remortgages.