A specialist buy-to-let lender has launched two new limited edition products, boasting market leading rates and free valuations.
Mortgage Trust, sister company of Paragon Mortgages, has launched the products, in an effort to target private investor landlords, who typically own between one and five properties.
The first of the products, offers a market leading fixed rate of 2.99 per cent, with a loan-to-value ratio of up to 75 per cent.
The second product, a 4.15 per cent fixed rate loan, boasts a maximum loan size of £500,000 with a flat fee of just £950, and is also available with a free valuation.
John Heron, Director of Mortgages, said: “The two new limited edition fixes are extremely competitive with the 2.99 per cent at 75 per cent LTV a real highlight. Intermediaries can apply for these products online using the revamped Mortgage Trust website, which gives a lending decision in seconds.
“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.”
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