Related topic: CHL Mortgages

The lender has also cut rates by 5bps across its standard buy-to-let ranges.

The products have no early repayment charges and a choice of 2% and 5% fee options.

Gee will take charge of the digital challenger bank’s ModaMortgages and CHL Mortgages brands in early February.

80% LTV fixed rates now start from 3.35%.

Chetwood is also removing the 20-property portfolio limit on ModaMortgages.

The lender has also launched four limited edition 75% LTV products.

Brokers already registered with either brand will be automatically entered into the prize draw.

The Bank says the change reflects the detailed work that is often required when completing a product transfer.

CHL offers solutions across various property types, including HMOs, MUFBs, short-term lets and standard rental properties.

The lender has also reduced rates across the range by up to 0.44%.