Mortgage Trust launches limited edition fixes at lowest ever rates
Mortgage Trust has launched three new limited edition products for buy-to-let property purchases and remortgages. These two-year fixed rate products are now available at the lowest rates ever offered by the specialist buy-to-let mortgage provider.
Addressing a continuing preference amongst landlords for fixed rates, the limited edition products include a two-year fix at 1.95% for borrowing up to 75% LTV. Product fees start at just £495 and each of the limited edition products includes a free valuation.
John Heron, Director of Mortgages, Mortgage Trust, said: “There is currently an overwhelming preference for fixed rates with intermediaries now recommending them in 90% of cases. Half of all fixed rates sold are two year products, these new fixed rates should therefore present an attractive option for many buy-to-let landlords.”