Escalating mortgage rates and energy costs have driven a 100% surge in cases of buy-to-let arrears in a single year, according to newly released data.
Related topic: BTL
In addition to reducing rates on selected Tracker and Green Tracker products, the buy-to-let specialist lender has also cut rates on a number of two-year fixes.
The intermediary-only specialist lender has launched new special rates across both its buy-to-let and owner-occupied ranges.
The specialist buy-to-let lender has expanded its product offering, which is now organised into two distinct ranges: CHL 1 and CHL 2.
The lender has announced rate reductions of up to 0.80% across its resident and non-resident buy-to-let mortgage products.
The lender has announced that it has launched a new Buy-to-Let product range to strengthen its support for professional landlords around the UK.
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Alongside its new buy-to-let mortgages, the lender has also announced that it has launched new residential owner-occupied products.
The specialist buy-to-let lender's latest round of rate reductions is the fourth in two weeks.
The intermediary-only specialist lender has announced new rate reductions following earlier enhancements to its buy-to-let and owner-occupier Specials products.