Mortgage Trust launches new products

The mortgage trust will now be offering a 2.99% 2-year fixed rate for up to 75% loan to value and a 4.15% 2-year fixed for loans up to £500,000 with a flat fee.

Both new products also benefit from free valuations and are available via the Mortgage Trust website.

John Heron, director of mortgages, said: “The two new limited edition fixes are extremely competitive with the 2.99% at 75% LTV a real highlight.

“We are continuing to review and upgrade our product range to ensure we are offering quality products that work best for private investor landlords who typically own between one and five properties.

“We are seeing increasing business from this type of landlord customer and I believe this will continue in the months ahead.”

Intermediaries can apply for these products online using the revamped Mortgage Trust website.