Mortgage Trust revamps range

Mortgage Trust will now offer two new 2-year fixes - for purchase or remortgage - with rates of 3.79% with a 1.5% product fee and 4.25% with a fixed fee of £995.

The new range will also include three remortgage only products including a 3.99% 2-year tracker, a 3.89% 2-year fixed rate with a 1.5% fee and a further 2-year fixed rate at 4.35% with a product fee of £995.

John Heron, director of mortgages, said: “The new limited edition products are part of a continuing strategy designed to ensure that we maintain one of the best value propositions in the buy-to-let market.

“Our research shows that intermediaries remain positive about buy-to-let business volumes with 63% expecting to do more buy-to-let business in the next 12 months.

“We are also seeing healthy growth in the private investor landlord sector of the market, with 22% of intermediaries’ buy-to-let business being from new landlords in the last quarter.”

Mortgage Trust offers intermediaries the ability to submit multiple cases and pay fees online through the website and they can also track their applications via its new app for i-phone and android devices.