Mortgages  

Mortgage Trust launches buy-to-let products

The director of mortgages for Paragon, sister brand of the Mortgage Trust, said the new range, together with a revamped online application system, will help both advisers and clients.

He said intermediaries can submit applications more quickly, more accurately and with fewer unresolved applications.

Mr Heron added: “Landlords are looking to grow their portfolios further in the new year.

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“We are expecting to see high levels of demand for these products from intermediaries as they look to provide their landlord clients with the most competitive rates.”

Mike Talliadoros, founder of Southampton-based Michael Talliadoros Wealth Management, said: “As an IFA, I have received several requests for buy-to-let mortgages for individual clients and from limited company buy-to-let businesses.

“Paragon is one of very few lenders that can provide a mortgage for a limited company applicant and has a flexible approach to the demands of clients who have large portfolios of buy-to-let properties.”

Key points:

The new range features:

• Nine new limited-edition products

• A 2.9 per cent tracker with a 75 per cent loan-to-value

• Free valuations on all products