For all cases sent to the Mortgage Intelligence prime packaging team the broker will receive a £50 bonus plus access to instant AIP's, online case tracking and quick turnaround times to offer.
The product has a 4.88 per cent rate that’s fixed until 28 February 2008 with a £599 arrangement fee.
It is available to both private individuals and limited companies and recent enhancements to Mortgage Trusts core range criteria means minimal income verification is required.
Other features include:
- Early repayment charges - 6 per cent until 28 February 2008 (no extended tie-ins)
- Maximum loan to value - 85 per cent
- Rental calculation 125 per cent at 5 per cent
- Reversion rate LIBOR + 1.75 per cent
Austin Jelfs, head of sales at Mortgage Trust, said: "We are delighted to be joining forces with Mortgage Intelligence to offer this fully flexible buy-to-let deal. This product provides fantastic value for money at a time when many landlords may be keen to secure their rate for the short term."
Sally Laker, managing director of Mortgage Intelligence, said: "This is a fabulous market leading deal and coupled with a £50 packaging bonus it makes for a win / win opportunity for our members and their clients."
