The Mortgage Trust re-launches its fixed buy to let mortgage range.
Two weeks ago the buy to let mortgage lender the Mortgage Trust which is part of the Paragon Group, pulled its fixed rate rate range due to swap rate volatility.
A week later its sister lender Paragon did the same thing. The Mortgage Trust has announced the re-launch of its fixed rate products, however Paragon has not followed suit.
Six new fixed buy to let mortgage deals are now on offer from the lender. The new range includes three new 2 year fixed rate mortgages at 3.15%, 3.65% and 3.99% for both new purchase and remortgage, with fees of 3%, 2% and 1.25%, respectively.
There are also three new 2 year fixed buy to let mortgage deals offered for remortgage only at 3.3%, 3.8% and 4.15% with fees of 3%, 2% and 1.25%. The Mortgage Trust are offering a free standard valuation and free legals.
In addition to new fixed rate buy to mortgage deals 2 new trackers are also available. For 65% LTV a rate of 3.85% is on offer, and for remortgage only the rate offered is 3.95%.
The lender advises its rate have been set at highly competitive levels to enable landlords to grow their property portfolios.
If you are looking for a buy to let mortgage Deal Direct can compare all lenders mortgages market-wide, to come up with the one best suited to your investment needs.
Call today on 0800 242 5399 for advice and a quote.
