Reduced from their previous fixed rate of 5.99% this product also boasts a lower arrangement fee, 85% LTV and no MIG.
-sum> NEW rate of 5.95% fixed until 31/12/05
-sum> Low arrangement fee
With no early redemption charges applicable beyond the fixed rate duration, the latest product from Mortgage Trust is ideal for property investors looking for the certainty of a low rate for a set period.
Not only is this rate extremely attractive but Mortgage Trust offers full flexibility on this product giving investors the opportunity to save for further property purchases or budget for rental voids and maintenance costs.
Austin Jelfs, Head of Sales and Marketing at Mortgage Trust said: “We are sure that our newly reduced fixed rate buy-to-let product will prove extremely popular with borrowers wishing to stabilise their mortgage payments at a time when base rates may still rise.”