Fleet Mortgages announces new products, rate cuts and fee reductions in fixed-rate range
08 August 2025
Fleet Mortgages, the buy to let specialist lender, has today (8th August 2025) announced a series of updates across its fixed-rate product range, including the launch of new products, rate cuts and fee reductions.
The lender has launched two new 65% LTV two year fixed rate products for standard and limited company: one priced at 3.89% with a 3% product fee (minimum £750), and a zero fee option available at 5.49%.
Both products come with a free valuation fee up to £500k, and a minimum loan size of £25,0001.
In addition, Fleet has cut the rate on its 75% LTV two year fixed-rate products by 10 basis points (bps), for standard and limited company, now available at 5.59%, also with zero product fee. It also comes with a free valuation up to £500k.
Product fee reductions have also been applied to two of its five year fixed-rate products. The 65% LTV product, priced at 4.99%, and the 75% LTV product, priced at 5.09%, have both had their fees reduced by £2,000, down to £1,999.
Both options, available for standard and limited company, are capped at a maximum loan of £750,000 and also include free valuations on properties up to £500,000.
For borrowers purchasing or remortgaging HMO properties, Fleet has also made a number of cuts to its fixed-rate mortgage range.
There has been a 10 bps reduction to its two-year, 75% LTV, zero fee product now priced at 5.99%; a 15bps cut to its five-year, 75% LTV, 3% fee product for those properties which have an existing A-C EPC, now priced at 4.99%, and those which are not A-C EPC at 5.09%; plus 10 bps reductions to both zero and fixed-fee (£3,999) five-year 75% LTV products, now priced at 5.64% and 5.29% respectively.
These changes build on other enhancements to Fleet’s two year, fixed-rate range announced last month, where the lender cut rates across standard and limited company fixed products by up to 25 bps.
For further information on all Fleet Mortgages’ products, please visit: www.fleetmortgages.co.uk/products/
Steve Cox, Chief Commercial Officer at Fleet Mortgages, commented:
“These latest updates to our two- and five-year fixed-rate product suite reflect our commitment to offering competitive pricing and flexibility for landlord borrowers across both short term and longer term options. The introduction of new 65% LTV two year fixes, increasingly popular amongst landlord borrowers, coupled with reductions on our 75% LTV range for standard, limited company and HMO borrowers, plus lower fees on five year products, enhances the overall proposition for advisers and their clients. We continue to adapt our offering to reflect market movements and to support advisers in delivering the most appropriate solutions for their landlord borrowers.”
