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Buy to Let

Mortgage Trust refreshes product range

Adam Williams
Written By:
Adam Williams
Posted:
Updated:
03/06/2015

Specialist buy-to-let lender Mortgage Trust has refreshed its range of mortgage products, for both purchase and remortgage.

The lender said all of its two-, three- and five-year fixed rate products had been updated.

A remortgage range has been added, which includes a three-year fix at 4.10%. The product has no fees and is available up to 75% loan-to-value.

The lender, part of Paragon Group, only offers its products through mortgage brokers. It targets its products at landlords with small portfolios.

It said all of its products included free valuation.

John Heron, director of mortgages, said landlords were looking to fix in and be sure of their outgoings.

“We have re-freshed our core product range and included a new three year fix,” he said. “The Mortgage Trust fixed rate product range continues to perform well as landlords maintain their preference for the security a fixed rate option offers.”

Earlier today Skipton Building Society became the latest lender to reduce rates when it launched a new range of mortgages.