CHL Commercial seeks new mortgage business

CHL Commercial has reasserted its commitment to the commercial mortgage market and stressed it is actively seeking new business.

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The commercial lending specialist has made the statement in light of recent market developments with a number of commercial lenders leaving the market and a general tightening of criteria.

Mike Healy, head of commercial at CHL, said: "We are fully aware that in the current climate, mortgage intermediaries and advisers are looking at sectors to diversify into and the commercial mortgage market is an option not a million miles away from their current business activity."

CHL Commercial launched in April 2007 and is part of CHL Mortgages, the specialist lender which operates in the self-certification and buy-to-let mortgage sectors.

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