Fleet has introduced a new 2-year fixed-rate, zero-fee mortgage at 75% LTV, priced at 5.74%.
Fleet Mortgages has refreshed its buy-to-let range with new products, rate reductions and lower product fees across its Standard, Limited Company and HMO/MUFB ranges.
The specialist lender has reduced rates by 30 basis points across its 2-year fixed-rate 75% loan-to-value (LTV) products with a 3% fee in its Standard and Limited Company ranges.
Rates now start from 4.19%, while EPC A-C variants are available from 4.09%.
Fleet has also introduced a new 2-year fixed-rate, zero-fee mortgage at 75% LTV, priced at 5.74%.
Across its five-year fixed-rate 75% LTV products with a 3% fee, rates have been cut by 10 basis points to 4.94%, with the EPC A-C variant reduced to 4.84%.
The lender has also lowered the rate on its 5-year fixed-fee product by 20 basis points to 5.39% and reduced the product fee from £3,999 to £1,499.
Within its HMO and multi-unit freehold block (MUFB) range, Fleet has launched two new 2-year fixed-rate products at up to 75% LTV, including a zero-fee option at 6.15% and a £1,499 fixed-fee product at 5.69%.
The lender has also reduced pricing across its 5-year fixed-rate HMO/MUFB range.
The zero-fee product has been cut by 15 basis points to 5.99%, while the fixed-fee option has fallen by 10 basis points to 5.69%. The product fee on the latter has also been reduced by £1,500 to £2,499.
5-year HMO/MUFB products with a 3% fee have also been reduced by 10 basis points, with rates now starting from 5.19% and 5.09% for EPC A-C properties.
All products are available for both purchase and remortgage business with a minimum loan size of £25,001.
Selected fixed-fee products are available up to a maximum loan of £750,000. Standard and Limited Company products include a free valuation on properties up to £500,000, while HMO/MUFB products continue to offer £1,000 cashback.
Steve Cox (pictured), chief commercial officer at Fleet Mortgages, said: “This latest product refresh is about giving advisers and their landlord clients more choice while ensuring our pricing remains competitive across every major buy-to-let segment.
“Alongside meaningful rate reductions, we’ve introduced new product options and substantially reduced product fees on a number of key mortgages, allowing advisers to match borrowers with solutions that best fit both their immediate circumstances and longer-term investment plans.
“We know landlords have different priorities depending on their portfolio strategy, whether that is keeping upfront costs to a minimum, securing lower monthly repayments or financing more complex properties.
“By expanding our range and improving pricing across Standard, Limited Company and HMO lending, we are providing advisers with even greater flexibility to support those conversations and to help landlords continue to invest with confidence.”