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Mortgage Trust Launches Lowest Ever Fixed Rates
This article is an external press release originally published on the Landlord News website, which has now been migrated to the Just Landlords blog.
Mortgage Trust Launches Lowest Ever Fixed Rates
Specialist buy-to-let mortgage provider Mortgage Trust has launched its lowest ever fixed rates.
The three new limited edition products for buy-to-let property purchases and remortgages are being offered at the firm’s lowest ever rates.
These two-year fixed rate products are now available at the lowest rates ever offered by Mortgage Trust.
Addressing a continuing preference amongst buy-to-let landlords for fixed rates, the limited edition products include a two-year fixed rate deal at 1.95% for borrowing up to 75% loan-to-value (LTV). Product fees start at just £495, and each of the limited edition products includes a free valuation.
The mortgage provider is also offering a deal at 2.05%, while a 65% LTV ratio is available.
The Director of Mortgages at Mortgage Trust, John Heron, comments on the new offerings: “There is currently an overwhelming preference for fixed rates, with intermediaries now recommending them in 90% of cases. Half of all fixed rates sold are two-year products – these new fixed rates should therefore present an attractive option for many buy-to-let landlords.”
