Dynamo for Intermediaries reconnects with CHL Mortgages

Dynamo for Intermediaries has announced the appointment of CHL Mortgages following the specialist buy-to-let (BTL) lender’s return to lending earlier this year.

The pair already have a long standing relationship after CHL Mortgages was one of the first lenders to work with Dynamo when the business was founded.

The appointment allows Dynamo’s brokers to access CHL Mortgages’ new BTL range, which includes two 5-year fixed rate products available at a rate of 3.25% up to 75% LTV, and 3.10% up to 65% LTV.

The full range is accessible to individual landlords, portfolio landlords and limited companies, and includes options to cover property types including houses in multiple occupation (HMOs), multi-unit freehold blocks (MUFBs), new-builds, ex local authority properties, as well as properties above or adjacent to commercial premises.

CHL Mortgages commercial director, Ross Turrell, commented: “For a specialist BTL lender like ourselves, adding Dynamo to our distribution footprint is vital and we are delighted to reinstate our partnership and offer our new product range to their advisers so soon after our relaunch. 

“The importance of technology enabling an enhanced experience for brokers and customers alike is a vision both our businesses share and we look forward to developing the relationship in the coming weeks, months and years.”

Dynamo for Intermediaries mortgage club director, Cat Armstrong, added: “We’re delighted to welcome CHL Mortgages back to the market and to our distribution panel. There is certainly an affinity between our two companies and after waiting over a decade, we can’t wait to start working together once again.”

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