Mortgage Trust launches best-buy 20% deposit buy-to-let rates
Mortgage Trust has launched a range of best-buy 20% deposit buy-to-let mortgage rates.
Mortgage Trust's lowest two-year LIBOR tracker rate is 3.70% (LIBOR plus 3.10%) and it has a 2% arrangement fee. Their two-year fixed rate is slightly higher at 4.10%, although it has a lower 1.75% arrangement fee.
Aaron Strutt, product manager at Trinity Financial, says: “There are seven or eight lenders offering 20% deposit mortgages and Mortgage Trust's rates are the most competitively priced.
“Kent Reliance is one of the only lenders offering 15% deposit buy-to-let mortgages at the moment although the rates are more expensive.â€
If you would like help to secure a buy-to-let mortgage, call us on 020 7016 0790.
February 14, 2014