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

Published on

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.”

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

Latest articles

Barclays urges policy action to unlock home energy efficiency upgrades

High energy costs are increasing demand for more efficient homes, but the cost of...

Brilliant Solutions joins Equity Release Council as later life market broadens

Brilliant Solutions has joined the Equity Release Council as the mortgage club and specialist...

Former LMS chief Nick Chadbourne takes chair role at Novus Strategy

Nick Chadbourne, the former chief executive of LMS, has joined mortgage and homebuying consultancy...

Vernon appoints Anthony Murphy to board and audit role

Vernon Building Society has appointed former Nottingham Building Society finance chief Anthony Murphy as...

Building safety remediation list grows ahead of new developer levy

The number of residential buildings being monitored under government cladding remediation programmes has risen...

Latest publication

Other news

Barclays urges policy action to unlock home energy efficiency upgrades

High energy costs are increasing demand for more efficient homes, but the cost of...

Brilliant Solutions joins Equity Release Council as later life market broadens

Brilliant Solutions has joined the Equity Release Council as the mortgage club and specialist...

Former LMS chief Nick Chadbourne takes chair role at Novus Strategy

Nick Chadbourne, the former chief executive of LMS, has joined mortgage and homebuying consultancy...