While demand for private rented accommodation is continuing to grow robustly, a slowing housing market is providing landlords with good opportunities to expand their portfolios. The market has shifted in favour of buyers and with the prospect of improving rental yields,
The new buy-to-let range includes competitive fixed, discounted and tracker products, all of which boast up to 85% LTV and no MIG.
- 5.59% fixed until 31/01/06
- 5.89% fixed until 31/01/08
- 5.60% 2-Year discount
- 6.10% Lifetime tracker
- 6.45% Lifetime tracker with no Early Redemption Charges
Mortgage Trust offers full flexibility on the whole range, 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 extremely excited to be offering this range of competitively priced products. The slowdown in house prices is tipping the advantage towards buyers, and we are certain that buy-to-let investors can make the most of their increased bargaining power. Our new range boasts a significant reduction in the rates we’ve been able to offer in previous months, and we are certain that with such a broad range, borrowers will find a product ideally suited to their individual investment needs.”
