Mortgage Trust introduces new buy to let deals
www.moneynews.co.uk > Mortgages > Mortgage Trust introduces new buy to let deals
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Money News |
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Mortgage Trust introduces new buy to let deals
Wed 1st Jun 2011
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John Heron, managing director of the company, suggested the launch of the products will "cement" the firm's position in the market.
He said: "These products offer attractive rates and criteria and we are confident they will appeal to intermediaries and landlords from across the spectrum."
Fixed rate, tracker and rapid remortgage deals are among the arrangements launched by Mortgage Trust on Tuesday (May 31st), with loan to value going up to 75 per cent.
The lowest interest rate is on the two-year tracker rapid remortgage, which starts from 3.99 per cent, with a conventional two-year tracker agreement available at 4.30 per cent.
Research by Paragon has shown that rental demand is continuing to grow, with the company's quarterly Private Rented Sector Trends report showing 49 per cent of landlords enjoyed increased levels of interest in the first quarter of 2011.
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