The new 2.89% tracker benefits from a free valuation and a 2.50% fee, and is available for purchase and remortgage.
There is also a 2.99% two year tracker, with a 2.50% fee, available for remortgage only. This product also comes with a free valuation and no legal fees are payable when a Mortgage Trust nominated legal services provider is used.
Both new products are available up to 75% LTV and subject to a £150 administration fee.
The Mortgage Trust product range also includes a number of two year fixed rate products for single, self-contained properties with rates started 2.99% and free valuation across all products.
John Heron, Director of Mortgages, said:
“The two new trackers are very competitive; especially the 2.89% and we expect this to be very popular with intermediaries looking for a great value product for small-scale landlord customers.”
