Included within the new rates, Mortgage Trust is offering 3-year fixed rate mortgages at 75% loan-to-value allowing customers the choice between an initial rate of 3.25% with a 2% fee or 3.65% with a £999 fee.
Mortgage Trust has an extensive range of fixed rate products with terms of two, three and five years and a wide range of rate and fee options. All products also include free valuation and a £150 application fee.
John Heron, director of mortgages at Mortgage Trust and Paragon Mortgages, said: “We have extended the availability of some of our most popular fixed rate products and added further options for landlords with a medium term planning horizon.
“Fixed rate products provide landlords with an opportunity to fix a key element of their cost base and maintain a stable rent environment for their tenants. We expect many landlords will be reviewing their finance options closely as a base rate rise moves closer.”
