Mortgage Trust and Mortgage Intelligence launch buy-to-let

Business Moneyfacts has endorsed this rate as one of the lowest one year fixed available in the market, and the product also boasts a low arrangement fee, charges no MIG, and has a rental calculation based on the fixed rate.

· Buy to Let rate of 4.89% fixed until 30th June 2005

· Rental income calculation based on 4.89%

Mortgage Trust offers up to 85% LTV and 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 extremely proud to be offering such a competitive product with Mortgage Intelligence. Our 4.89% fixed rate product not only accommodates today’s property investors’ needs with complete product flexibility, but as proven by the endorsement from Business Moneyfacts, is also one of the most competitive in the market”. Jelfs continues, “Our flexible buy to let products help landlords to save for further property purchases, and with this exceptional interest rate and outstanding service, we provide a strong offering which we hope will prove popular with Mortgage Intelligence members.”