Mortgage Trust is extending its fixed-rate mortgage range with new three-year products available at 75 per cent loan-to-value (LTV).
Customers can opt either for an initial rate of 3.25 per cent with a 2 per cent fee, or of a rate of 3.65 per cent with £999 fee.
The lender has also updated products across its two-, three-, and five-year fixed range, including offers at 65 per cent, 75 per cent and 80 per cent LTV.
The range includes wide variety of fee options and all offers come with free valuation and a £150 application fee.
“We have extended the availability of some of our most popular fixed rate products and added further options for landlords with a medium term planning horizon. Fixed rate products provide landlords with an opportunity to fix a key element of their cost base and maintain a stable rent environment for their tenants. We expect many landlords will be reviewing their finance options closely as a base rate rise moves closer,” John Heron, director of mortgages, said.
