MortgagesOct 6 2014

Buy-to-let lender updates fixed rate range

twitter-iconfacebook-iconlinkedin-iconmail-iconprint-icon
Search supported by

Mortgage Trust, the Paragon-owned buy-to-let lender, has included 12 new products in its fixed rate range.

The specialist lender’s range now includes terms from two, three and five years, with fixed fee options.

They are available at 75 per cent loan-to-value, starting from 2.99 per cent for both purchase and remortgage. All products have free valuations, while some also have no product fees.

The new range is in addition to Mortgage Trust’s 2-year tracker products at 75 per cent LTV, starting from 2.89 per cent and 80 per cent LTV starting at 3.95 per cent.

Moray Hulme, head of sales at Mortgage Trust, said: “With the potential for interest rate rises still a hot topic, landlords could be more likely to purchase fixed rate products to maintain that level of certainty.

“Mortgage Trust has enhanced its competitive product range, which we anticipate will generate interest among small-scale landlords who are looking to invest in straight-forward rental properties.”

peter.walker@ft.com