New BTL fixed rates from Mortgage Trust

Published on

Mortgage Trust has unveiled a range of products catering for buy-to-let property purchases and remortgages.

The range includes two, three and five-year fixes. The new five-year fixes offer 3.29% for borrowing up to 75% loan to value (LTV).  These longer term fixed rate products also feature interest coverage ratios starting at 125% at 4%.

New deals include a two-year fix at 2.49% and a three-year fix at 3.10% for lending up to 75% LTV. For lending up to 80% LTV the range includes a two-year fix at 3.69% and a three-year fix at 3.75%, each of which come without a product fee.

John Heron (pictured), 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.”

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

First-time buyers face greatest risk as mortgage turmoil grips market

First-time buyers are the most exposed group in the housing market as mortgage withdrawals...

One month before rental reforms, landlords and tenants face a new legal landscape

Landlords and tenants in England are being urged to prepare for the first phase...

ONP Solicitors moves Cardiff office as headcount doubles

ONP Solicitors has moved its Cardiff office to larger premises in the city centre...

The Exeter reports rise in HealthWise app use as remote GP demand leads growth

The Exeter said usage of its HealthWise app increased across all core services in...

Landlords continue shift to company structures as incorporation set to rise in 2026

The number of companies established to hold buy-to-let portfolios is forecast to rise by...

Latest publication

Other news

First-time buyers face greatest risk as mortgage turmoil grips market

First-time buyers are the most exposed group in the housing market as mortgage withdrawals...

One month before rental reforms, landlords and tenants face a new legal landscape

Landlords and tenants in England are being urged to prepare for the first phase...

ONP Solicitors moves Cardiff office as headcount doubles

ONP Solicitors has moved its Cardiff office to larger premises in the city centre...