Average rental yields across England and Wales increased from 7.2% to 7.5% over the past year.

The lender's five-year zero fee HMO/MUFB product rate has been reduced by 10bps to 5.54%.

Rates range from 3.49% to 5.09%, depending on fee structure.

The lender has also withdrawn all 55% LTV mortgages and some 65% LTV options.

The change affects all limited company buy-to-let applications processed through Fleet's lending platform.

New two-year fixed rate launched at 3.89% with a 3% product fee

Two-year fixed rates for EPC A-C properties now start at 3.89%

Average rents rose by 2.9% in Q2 2025 across all regions, according to newly released data from Fleet Mortgages.

The lender has also launched a new cashback offer on 55% LTV products

The 10bps reductions across existing two-year products follow growing demand from clients who don't want to "lock in for too long."