"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"
- Steve Cox - Fleet Mortgages
Fleet Mortgages has introduced a series of changes across its fixed-rate buy-to-let product range, including the launch of new products and reductions to both rates and fees. The update, announced on 8 August 2025, applies to standard, limited company and HMO lending.
Two new two-year fixed-rate products at 65% loan-to-value (LTV) have been added, available for both standard and limited company borrowers. One is priced at 3.89% with a 3% product fee (minimum £750), while the second is a zero-fee option at 5.49%. Both products include free valuations on properties up to £500,000 and have a minimum loan size of £25,000.
In addition to the new offerings, the lender has reduced the rate on its 75% LTV two-year fixed-rate products by 10 basis points. These are now available at 5.59% with no product fee, and also include free valuations for properties up to £500,000.
Fee reductions have also been made to two of Fleet’s five-year fixed-rate products. The 65% LTV product, priced at 4.99%, and the 75% LTV product, priced at 5.09%, have each had their product fee lowered by £2,000 to £1,999. These products, which apply to both standard and limited company borrowers, are capped at a maximum loan size of £750,000 and include free property valuations up to £500,000.
Additional changes have been introduced for those purchasing or remortgaging houses in multiple occupation (HMOs). These include a 10 basis point reduction to the two-year 75% LTV product with no fee, now priced at 5.99%, and a 15 basis point cut to the five-year 75% LTV product with a 3% fee, which is now priced at 4.99% for properties with an EPC rating of A to C, and 5.09% for those outside this category.
Two other five-year fixed-rate HMO products, one with zero fee and one with a £3,999 fee, have also been cut by 10 basis points. They are now priced at 5.64% and 5.29% respectively.
These updates follow recent adjustments in July, when Fleet reduced rates by up to 25 basis points across its two-year fixed-rate range for standard and limited company borrowers.
“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." explained Steve Cox, chief commercial officer at Fleet Mortgages.
"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.”
