Fleet Mortgages has announced the launch of three new 65% LTV two-year fixed-rate products.
All three products are available within the lender’s Standard borrower range and come with cashback of £1,000, no application fee and a free valuation on properties up to £500k.
There are three different options with three different fee structures:
- The 3% fee (minimum £750) mortgage is offered at a rate of 3.49%.
- The zero-fee mortgage is offered at a rate of 5.09%.
- The fixed £1,999 fee mortgage is offered at a rate of 4.54%.
All three products come with February 2028 end dates and a minimum loan size of £25k; the fixed-fee product comes with a maximum loan size of £750k.
These new additions follow a range of price reductions announced by Fleet last week across both two- and five-year 75% LTV fixed-rate products for its Standard and Limited Company mortgage options.
Steve Cox, Chief Commercial Officer at Fleet Mortgages, commented:
“Following our announcement of rate cuts last week, we’re pleased to be able to launch these new 65% LTV, two-year fixes. Each product comes with a different fee structure, which means advisers can select the most suitable option for their clients depending on circumstances - whether they prefer to pay a higher fee for a lower rate or benefit from a zero-fee option.
“With added features such as £1,000 cashback, no application fee and a free valuation up to £500k, we believe these products provide excellent value and underline our commitment to supporting landlords with flexible, competitive solutions.”
