By using this website, you agree to our use of cookies to enhance your experience.


Fleet Mortgages reduces cost of fixed rate products

Fleet Mortgages has cut rates across its fixed-rate products by 10 basis points.

In terms of its standard range, the buy-to-let lender’s two-year fixed rate deals now start from 2.99% at 75% loan-to-value (LTV), while its five-year fixed rate deals, again at 75% LTV, now start from 3.75%.

Its five-year fixed pay-rate deal, also at 75% LTV, has also been reduced to 3.99%.

As far as its limited company range is concerned, Fleet is now offering a rate of 3.97% on its five-year fixed rate deal, at 65% LTV. It’s 75% LTV five-year fixed rate product has been reduced to 3.89%.

Fleet Mortgages has also cut the five-year fix in its HMO range to 4.09%.

In addition to the rate cuts, the lender’s fixed-rate end dates have been changed, with two-year fixes now offered up to 30 June 2020, and five-year fixes to 30 June 2023.

Bob Young, chief executive of Fleet Mortgages, said: “In this instance we’re able to cover off the three core ranges with these rate reductions, meaning that all types of landlord and investor borrowers should benefit.”


Please login to comment

Zero Deposit Zero Deposit Zero Deposit
sign up