The Financial Intermediary & Broker Association (FIBA) has added CHL Mortgages for Intermediaries to its lender panel.

CHL Mortgages for Intermediaries, which is part of Chetwood Bank, is a specialist buy-to-let (BTL) lender operating exclusively through brokers.

It offers lending across England and Wales with solutions across various property types, including HMOs, MUFBs, short-term lets, including serviced accommodation, and standard rental properties.

Chair at FIBA, Martin Reynolds, said: "Over the past few years, we’ve seen some seismic shifts in the specialist lending market, including a growing number of clients transitioning their portfolios away from traditional BTLs towards HMOs and semi-commercial property that offer higher yields. This evolving market means that it’s increasingly important for FIBA’s lending panel to be able to offer flexible and diverse products and services to our members.

"With an approach which allows it to assess cases other lenders often cannot, including large HMOs with up to ten bedrooms, MUFBs with up to 10 self-contained units, and complex HMO and MUFB layouts, CHL Mortgages for Intermediaries certainly offers something different, and I’m delighted to welcome them to the FIBA panel."

Group distribution director at CHL Mortgages for Intermediaries, Roger Morris, added: "We’re delighted to have been added to the panel of such a prestigious organisation as FIBA. FIBA members consistently demonstrate technical expertise that stands head and shoulders above the competition. The opportunity to engage with such highly skilled professionals in the world of complex BTL is a genuine privilege for us.

"We’re looking forward to the opportunities, insights and support that come with FIBA membership, as well as the chance to showcase how CHL Mortgages for Intermediaries can support brokers and their landlord clients in an ever-changing BTL market."

---