Castle Trust Bank has reissued its TermTen’ buy-to-let (BTL) offering, which includes two arrangement fee options.

Both options come as five-year fixes are available at up to 75% LTV, with the first option priced at 7.15% with a 4% fee payable on completion.

The second has a rate of 7.25% and an arrangement fee set at 3.50%.

A redemption fee of 1% is applicable to both products and early repayment charges are applicable only during the fixed rate period.

The loans have been designed for houses in multiple occupation, holiday lets, ad multi-unit freehold blocks.

The lender adds that TermTen product rates are scured for 120 days after the decision in principle has been issued, with he 0.07% booking fee deducted from the eventual booking fee.

Castle Trust Bank commercial director Anna Lewis says: “Alongside our dedicated bridging proposition, our new TermTen products will help brokers continue to meet the needs of property investors, delivering flexibility, choice and certainty, even in this challenging environment.”