Mortgage Trust launches new fixed-rates

Mortgage Trust has launched a new range catering for buy-to-let purchases and remortgages which features some of the lowest rates ever offered by the lender.

Related topics:  Mortgages
Rozi Jones
17th October 2016
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"With rates expected to be lower for longer we have been able to deliver one of the most competitive series of products we have offered in 20 years"

Five-year fixed rates are available at 3.29% up to 75% LTV and feature interest coverage ratios starting at 125% at 4%.

Two year fixes are available from 2.49% and three year fixes at 3.10% up to 75% LTV.

For lending up to 80% LTV, the range includes a two year fix from 3.69% and a three year fix at 3.75% which both come without a product fee.

John Heron, Director of Mortgages at Mortgage Trust, said: “Market volatility following the referendum has not brought good news for everyone but with rates expected to be lower for longer we have been able to deliver one of the most competitive series of products we have offered in 20 years of buy-to-let lending."

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