Fleet Mortgages has relaunched its range of 65% and 75% LTV five-year fixed rate products with both fixed and zero fee options.
The new options will be available across the lender’s standard, limited company and houses of multiple occupation (HMO)/multi-unit block ranges.
Mortgage options available are:
- Standard/Limited Company – fixed-fee products with a £3,999 fee come with a rate of 5.39% at 65% loan-to-value (LTV) and 5.49% at 75% LTV; the zero-fee options come with a rate of 5.64% at 65% LTV and 5.74% at 75% LTV.
- HMO/multi-unit block – fixed-fee products, again with a £3,999 fee, come with a rate of 5.79% at 65% LTV and 5.89% at 75% LTV; the zero-fee option is only available at 75% LTV and comes with a rate of 6.14%.
Fleet Mortgages chief commercial officer Steve Cox says: “Our range is all about offering advisers a growing number of options for their landlord borrowers, whether they wish to have lower upfront costs, via a zero fee option, or want the cheaper rate with a fixed fee.”
“These products are designed to provide choice based on the landlord borrower’s priority and with rates available across both 65% and 75% LTV options, we believe they will be affordable and accessible for the widest array of landlords possible, whether purchasing or seeking to refinance properties.”