Mortgage Trust boosts fixed rate product range

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

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

These new products are available at 75% LTV starting from 2.99% for both purchase and remortgage. All products benefit from a free valuation and, for some products, no product fees.

The new range compliments Mortgage Trusts’ two year tracker products at 75% LTV starting from 2.89% and 80% LTV starting at 3.95%.

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.”