Mortgage Trust has revamped its product range, which now includes a new two-year tracker at 2.89%.

The new 2.89% tracker comes with a free valuation and a 2.50% fee, and is available for purchase and remortgage.

There is also a 2.99% two year tracker, with a 2.50% fee, available for remortgage only. This product also comes with a free valuation and no legal fees are payable when a Mortgage Trust nominated legal services provider is used.

Both new products are available up to 75% LTV and subject to a £150 administration fee.

The specialist buy-to-let lender’s product range also includes a number of two year fixed rate products for single, self-contained properties with rates started 2.99% and free valuation across all products.

John Heron (pictured), director of mortgages, said: “The two new trackers are very competitive; especially the 2.89% and we expect this to be very popular with intermediaries looking for a great value product for small-scale landlord customers.”