Fleet Mortgages cuts five-year fixed rates and broadens 75% LTV range
23 April 2026
Fleet Mortgages, the buy-to-let specialist lender, has today (23rd April 2026) announced a reduction in pricing across its 3% fee, 75% LTV five-year fixed rate products, alongside the reintroduction of a broader range of product options, and the introduction of new two-year product transfer (PT) tracker products.
The lender has reduced rates by 20 basis points (bps) on its Standard, Limited Company and HMO/MUFB five-year fixes with a 3% fee. This includes rate drops to 5.04% for Standard and Limited Company, and 5.49% for HMO/MUFB.
Alongside these reductions, Fleet has reintroduced a wider selection of five-year fixed-rate products, including zero-fee and fixed £3,999 fee alternatives, designed to give advisers and their landlord borrower clients greater flexibility when structuring cases.
Across the Standard and Limited Company ranges, the five-year options now include a zero-fee product at 5.69% and a £3,999 fee option at 5.39%. Equivalent products are also available for HMO/MUFB lending, with pricing starting from 6.14% for zero-fee and 5.79% for the £3,999 option.
Fleet said these changes are intended to provide a clearer and more balanced range, allowing advisers to match product selection more closely to client priorities, whether that is headline rate, upfront cost or longer-term certainty.
The lender has also launched three two-year PT tracker products across all three ranges, with Standard and Limited Company products priced at Bank Base Rate plus 0.5%, currently 4.25%, and HMO/MUFB products priced at BBR + 1.15%, currently 4.90%.
These products come with a 2.5% completion fee and Fleet said they offer an alternative option for those landlord borrowers seeking shorter-term flexibility in the current interest rate environment.
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 changes are focused on giving advisers further product options that reflect the different ways landlord borrowers are approaching the market at present.
“The reduction in our five-year fixed rates ensures we remain competitive, but just as importantly, the reintroduction of zero-fee and alternative fee options allows advisers to tailor recommendations depending on how clients want to balance rate against upfront cost.
“In the current environment, we are seeing a mix of priorities. Some landlords are looking for longer-term certainty and are comfortable paying for that through a fixed-fee, while others are more focused on managing initial outlay or retaining flexibility.
“That is why maintaining a range that works across those different needs is key, particularly when market conditions remain changeable.
“The addition of our two-year tracker products for those existing Fleet borrowers who are coming to the end of their deals complements this approach, giving advisers another option for clients who may prefer a shorter-term solution while they assess how the market develops.”
