Mortgage Trust revamps range

They include a 2-year fix at 3.05% to 75% loan-to-value and a 5-year fix at 3.50% to 75% LTV, both with a £995 product fee.

Buy-to-let provider Mortgage Trust has refreshed its product range with 20 new mortgages.

They include a 2-year fix at 3.05% to 75% loan-to-value and a 5-year fix at 3.50% to 75% LTV, both with a £995 product fee.

John Heron, director of mortgages (pictured), said: “The new Mortgage Trust range includes a mix of products to suit a variety of landlords’ needs.

“Our research among brokers has consistently shown their landlord customers have a strong preference towards fixed rates, which is why our new range includes 20 new fixes with a range of terms available.

“Last month we released several stepped rate fixes through Paragon Mortgages, these proved to be popular, so we have now launched two stepped rates through Mortgage Trust too.”

The updated range also includes two stepped rate products which can either increase in rate each year until the end of the term, or decrease dependent on the landlord’s preference.

All products in the range include free valuation and a £150 application fee.