CHL Mortgages has announced the addition of New Leaf to its select distribution panel.
The intermediary-only specialist buy-to-let (BTL) lender stated that the arrangement will allow advisers within the New Leaf network access to the new CHL Mortgages BTL range.
This includes two five-year fixed rate products which are available at a rate of 3.25% up to 75% LTV and 3.10% up to 65% LTV, and the full range is accessible to individual landlords, portfolio landlords and limited companies.
New Leaf’s 250 advisers offer advice across all areas of the financial services sector, including residential mortgages, BTL, equity release, personal and business protection, pensions, investments as well as a full estate planning service.
CHL Mortgages commercial director, Ross Turrell, commented: “New Leaf is an established family firm which invests heavily in their members from a training and technology perspective. Through their professionalism and experience, we feel that the overall offering will prove to be a strong addition to our select distribution panel.
“The response to our recent launch has been hugely positive across the intermediary market and we are looking forward to building further relationships over the coming months.”
New Leaf mortgage compliance director, Chris Nairn, added: “New Leaf has had a great working relationship with the management of CHL Mortgages over the years that has been rewarded with an exclusive and controlled launch of some great BTL products.
“Day one applications and figures have been excellent and New Leaf advisors are excited with the products on offer. We look forward to enhancing this relationship.”
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