Trusted Mortgage Advice | Neil Soundy Financial Services – MORTGAGE TRUST – NEW BUY TO LET MORTGAGE RATES

Mortgage Trust is a subsidiary of Paragon Mortgages. They are being promoted as providing straightforward buy to let products aimed at smaller scale landlords.


Maximum of 5 properties with a £1 million limit.

Rental coverage of 125% at 5% or charging rate if higher.

Minimum income of £25,000. (This cannot include property rental income)

Minimum value of property £75,000

Minimum value of mortgage £30,000

Initial variable rates are linked to LIBOR

Standard Variable Rate currently 5.10%

They have a competitive two year tracker at 2.99% (APR 5.30%) with a 2.25% arrangement fee.

There is not a lot to differentiate Mortgage Trust for the majority of other Buy to Let lenders with their criteria.

Still a popular lender with experienced landlords is The Mortgage Works as they still do not require disclosure of personal income and will lend up to age 90. The rates are not always the most competitive.

Why use Neil Soundy Financial Services for your mortgage advice in Cardiff.

We are different.

We offer at least twice the choice of mortgages compared to a standard broker.

View the video on our homepage that explains how mortgage advice has changed.

Your initial consultation is free with no obligation.

Useful website

Money Advice Service

Neil Soundy Financial Services Ltd is an appointed representative of HL Partnership Ltd which is authorised and regulated by the Financial Services Authority.

The Financial Conduct Authority does not regulate some forms of buy-to-lets.

We do not give or imply legal or taxation advice. We recommend you contact a solicitor or accountant for advice in these areas.

Think carefully before securing other debts against your home/property. Your home/property may be repossessed if you do not keep up repayments on your mortgage.

Request Call Back

We can discuss your current situation and the options available to you before arranging a free no-obligation meeting.