Mortgage Trust launches 3.99% fixed rate

Mortgage Trust, the Paragon owned buy-to-let brand, has refreshed its range of two year fixed rates and tracker buy-to-let mortgages.

Related topics:  Mortgages
Amy Loddington
1st July 2014
Mortgages

The specialist lender has overhauled its existing range of products with a series of new launches including a new two year fix at 3.99% with no product fee and free valuation. This new product is available up to 75% LTV for both purchase and remortgage.

Other highlights include a variety of two year trackers, including a 3.79% tracker with no product fee and free valuation. Mortgage Trust also continues to offer a competitive, limited quota no ERC tracker range with rates starting at 3.80%, and two limited quota fixed rate products both available up to 80% LTV.

John Heron, Managing Director of Paragon Mortgages, said:

“This new range of products is very competitive, with free valuations and for some, no product fees. The Mortgage Trust range is aimed at to those landlord clients with smaller rental portfolios and more straight-forward, single, self-contained properties. With tenant demand remaining high, landlords are continuing to see the opportunities to invest in further buy-to-let property.”

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