Rates start with a 3.69% fixed rate for 2 years and a 3.40% 2 year LIBOR tracker. Both have a 3.5% lender fee and are available up to 75% LTV. There are also products available with no lender fees.
Andy Young, chief executive at TBMC says:
"We are delighted to offer this new range of competitive 75% LTV buy-to-let rates from Mortgage Trust. The products have been designed in such a way as to provide a wide range of options to brokers depending on the needs of their landlord clients."
"TBMC will benefit from a dedicated team of underwriters at Mortgage Trust helping to ensure that applications are processed efficiently and that we deliver the high service standards you would expect from a leading buy-to-let specialist. Mortgage Trust has a good set of lending criteria and we are expecting these products to be popular."
Paul Clampin, director of mortgage underwriting at Mortgage Trust says:
"We are excited about our new range buy-to-let mortgages, which have been carefully constructed to meet the needs of landlords in the current marketplace. We have chosen to distribute these products through TBMC, whose specialist buy-to-let knowledge and distribution will help to deliver the right level and quality of applications."
