Mortgage Trust offers 80% LTV buy-to-let deals

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80%

Mortgage Trust has unveiled a new range of 80% loan-to-value (LTV) buy-to-let products.

The Paragon Mortgages owned specialist lender has launched a two-year fixed rate product with a 1.75% product fee and an initial rate of 4.10%.

The second of the two-year fixes has an initial rate of 4.95% and no product fee.

In addition, Mortgage Trust has released a two-year tracker with an initial rate of 3.70% with a 2% product fee and a two-year tracker with a 4.70% initial rate and no product fee.

These are limited quota products and all come with a free valuation. They are available for purchase and remortgage.

John Heron, managing director of mortgages, said: “We are pleased to be able to further extend our buy-to-let proposition with these 80% LTV products. We are confident that high credit standards can be maintained at these levels and our extensive data on many years of buy-to-let lending supports this.

“A primary requirement of landlords is to generate an optimal return on capital. Subject to a strong affordability profile these products will assist landlords in doing just that.”

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