New Leaf

CHL Mortgages adds New Leaf to distribution panel

Intermediary-only specialist BTL lender CHL Mortgages has added New Leaf to its distribution panel.

Advisers within New Leaf’s network will now have access to CHL Mortgages’ new BTL range, which includes two five-year fixed-rate products available at 3.25% up to 75% LTV and 3.10% up to 65% LTV.

The full range is accessible to individual and portfolio landlords and limited companies, and offers options to cover a series of property types, such as HMOs, MUFBs, new build, ex-local authority and properties above/adjacent to commercial. 

Minor adverse can also be considered, as well as first-time landlords on certain products.

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, and a full estate planning service.

Ross Turrell, commercial director at CHL Mortgages, said: “New Leaf is an established family firm which invests heavily in its members from a training and technology perspective. 

“Through its 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.”

Chris Nairn, mortgage compliance director at New Leaf, 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 advisers are excited with the products on offer.”

Leave a comment