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Mortgage Trust launches new buy-to-let range

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Mortgage Trust has introduced a raft of fixed and tracker rates for landlords with help towards fees.

Mortgage Trust, part of the specialist buy-to-let lender Paragon, is now offering a two-year tracker buy-to-let mortgage, currently charged at 3.75% and a two-year fixed rate mortgage charged at 4.10%.

Both deals come with a £500 cash contribution towards legal fees and a free valuation.

The lender has also launched a two-year fixed rate at 3.99% and a two-year tracker at 3.59%. All of the new products are available up to 75%lon-to-value and can be use to buy a property or remortagge existing finance.

They all come with a £995 product fee.

John Heron, director of mortgages, said:

“This has been a remarkably busy year for product development and we are ending this one on a high with four excellent products featuring great tracker rates, low fixed fees and a generous cash contribution.

“I believe these new features will prove attractive… and, given the current backdrop of strong rental demand, I don’t expect these products to be available in the market for long.”

The deals are available exclusively through registered mortgage advisrs.

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