Mortgage Trust launches limited-quota products

Mortgage Trust, by Paragon, has launched two new limited quota buy-to-let mortgage products.

Related topics:  Mortgages
Amy Loddington
8th October 2013
Mortgages

The first of the new products is a two year fix at 3.79% - fixed until 31 January 2016 - and the second a two year tracker at 3.69%.

Both new products have a flat fee of £995, a maximum LTV of 75% and benefit from free valuation. The option to remortgage is allowed within six months of purchase.

John Heron, Director of Mortgages, said:

“These are really very good rates and both benefit from a low flat fee and free valuations making them attractive for landlords looking to expand their rental portfolios.

“There is a strictly limited quota on these products so intermediaries will need to act soon if they want to take advantage of these rates for their landlord customers.”

These rates are only available online to registered intermediaries and funds can only be guaranteed for full applications with application fees paid.

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