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Mortgage Trust introduces its lowest-ever fixed rates
Buy-to-let (BTL) lender Mortgage Trust has launched three new limited edition products at its lowest ever rates.
The two-year fixed rate products are available at 1.95% and 2.05% with LTVs up to 65% and 75%.
Product fees start at £495 and each deal includes a free valuation.
John Heron, director of mortgages at Mortgage Trust, said: “There is currently an overwhelming preference for fixed rates with intermediaries now recommending them in 90% of cases.
“Half of all fixed rates sold are two-year products, these new fixed rates should therefore present an attractive option for many buy-to-let landlords.”
Mortgage Trust specialises in BTL finance for landlords with smaller portfolios.
The lender is funded by Paragon Group of Companies.
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