The seven-year suite for individual and limited company clients is available at 75% and 80% LTV with two fee options.

At up to 75% LTV, the 1% fee product is priced at 3.45%, while the 2% fee one is available at 3.25%.

Meanwhile, the 80% LTV options are offered at 3.79% with a 1% fee, or 3.64% with a 2% fee.

The seven-year range also includes products for HMO and MUFBs at 75% LTV, priced at 3.65% with a 1% fee, and 3.45% with a 2% fee.

All the seven-year fixes have an early repayment charge of 5/5/5/4/3/2/1.

Following the increase in maximum LTV, CHL Mortgages has also introduced new two- and five-year fixes at 80% LTV for individual and limited company applicants.

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The two-year fixed-rate options are priced at 4.19% (with a 1% fee) and 3.69% (with a 2% fee), while the five-year fixes are available at 3.69% (1% fee) and 3.49% (2% fee)

ICR is calculated at pay rate on all five- and seven-year products.

Ross Turrell, commercial director at CHL Mortgages, said: “These products will nicely complement our existing BTL range. 

“They have been designed after listening to and acting upon feedback from intermediary partners who expressed a desire for additional choice and support when it comes to servicing the longer-term needs of their landlord clients in an uncertain interest rate environment.
 
“Choice is important when it comes to the length of product terms, but also when it comes to delivering competitive products at the higher end of the LTV bands. 

“These new additions provide great value to our overall product range.”