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Mortgage Trust has launched a new two-year buy-to-let tracker charging 2.89% as part of its revamped mortgage range.

The new tracker comes with a free valuation and a 2.50% fee, and is available for purchases and remortgages.

The specialist buy-to-let lender also offers a two-year tracker at 2.99% with a 2.50% fee, available for remortgages only.

This product also comes with a free valuation and no legal fees, provided the borrower uses a Mortgage Trust nominated legal services provider.

Both new products are available up to 75% LTV and subject to a £150 administration fee.

The Mortgage Trust product range also includes a number of two-year fixed rate products for single, self-contained properties, with rates started 2.99% and free valuation across all products.

John Heron, director of mortgages, said: “The two new trackers are very competitive; especially the 2.89%.

"We expect this to be very popular with intermediaries looking for a great value product for small-scale landlord customers.”


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