CHL Mortgages is to return to lending under the CHL for Intermediaries brand.
In a statement on its website, the lender said the re-brand would “…reflect our allegiance to and support of the intermediary market.
“We are currently creating a proposition and environment for a mid-year market launch. Our emerging intermediary teams will be ready to bring our buy-to-let products and services to our intermediary partners, to enhance your client choices and to ensure that we work with you to build partnerships that will be based on a principal where we help you build your businesses so that you can help us build ours.
“Good service, value for money products and personal support will be our destination, and the journey will be defined by the conversations that we have with you as we listen and learn the best way to achieve our joint goals.
“Watch this space…..we will be talking to you soon…”
CHL Mortgages lent predominately in the buy-to-let space between the late 1990s and 2008. Its managing director, Bob Young, subsequently went on to launch and run Fleet Mortgages.
In March 2015, its parent, Permanent TSB, agreed to sell £2.5bn of the Capital Home Loans (CHL) mortgage book as well as the CHL legal entity and its loan servicing platform to an affiliate of Cerberus Capital LLP.
