MORTGAGE TRUST TEAMS UP WITH SAVILLS PRIVATE FINANCE TO OFFER OUTSTANDING BUY-TO-LET 2-YEAR FIXED RATE OF 5.49%
Following the recent launch of their new mass market product suite, Fixed until March 2007, this product enables buy-to-let borrowers to secure an excellent rate for a significant period and guarantees no redemption penalty beyond the fixed-rate term.
- 2-Year fixed buy-to-let rate of 5.49%
- Fixed until 31/03/07
This product also offers full flexibility, is available for up to 85% LTV and provides landlords with a competitive fix for a two-year period at a time when interest rates continue to fluctuate.
Commenting on the launch of this product Austin Jelfs, Head of Sales and Marketing at Mortgage Trust said: “This 2-year fix is an exceptionally competitive deal. It is the latest in a long-line of exclusives Mortgage Trust has launched with SPF and allows us to build further on our relationship with them and their clients. We are confident that this outstanding rate and significant fix will prove very popular among their clients.”
Melanie Bien, Associate Director (Head of Media Relations) at SPF, added: “We are delighted to be able to offer such an attractive two-year fix in association with Mortgage Trust. We remain positive about the outlook for the buy-to-let market in the coming year and this product will provide landlords with some welcome certainty, along with a highly competitive rate of interest.”
