Broker searches for remortgage products in Q1 2025 have risen by 34%, driven by the 1.8 million fixed-rate mortgages maturing this year.

Bridging rates have dropped from 5.53 times the cost of buy-to-let loans in Q4 2021 to just 2.44 times in Q4 2024.

Homeowners who roll onto a standard variable rate could pay £6,750 more over two years.

The lender has also made reductions of up to 0.24% on other selected buy-to-let products

The rate reductions follow recent updates to the lender's heavy refurbishment proposition.

Landlords can now earn up to £2,000 cashback on eligible HMO and MUFB mortgages through Fleet’s new and existing incentive schemes.

Last month, the lender announced the launch of two new expat mortgages - one buy-to-let and one residential.

This rate cuts follows a similar reduction across Landbay’s limited edition and product transfer ranges last month.

Nearly three-quarters of first-time buyers and 57% of next-time buyers would consider moving to a new build property in proposed new town developments, according to Santander...

The LTV boosts come in addition to rate reductions on selected limited-edition products.