Mortgage Trust Launches Lowest Ever Fixed Rates
Specialist buy-to-let mortgage provider Mortgage Trust has launched its lowest ever fixed rates.
The three new limited edition products for buy-to-let property purchases and remortgages are being offered at the firm’s lowest ever rates.
These two-year fixed rate products are now available at the lowest rates ever offered by Mortgage Trust.
Addressing a continuing preference amongst buy-to-let landlords for fixed rates, the limited edition products include a two-year fixed rate deal at 1.95% for borrowing up to 75% loan-to-value (LTV). Product fees start at just £495, and each of the limited edition products includes a free valuation.
The mortgage provider is also offering a deal at 2.05%, while a 65% LTV ratio is available.
The Director of Mortgages at Mortgage Trust, John Heron, comments on the new offerings: “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.”