Home » Fleet makes further cuts across 65% and 75% LTV fixes

Fleet makes further cuts across 65% and 75% LTV fixes

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Fleet Mortgages has made further rate cuts across its fixed-rate mortgage range for both 65% and 75% loan-to-value (LTV).

Rates now start at 5.49% for 65% LTV five-year fixes and 5.59% for 75% LTV, with a seven-year fix available at 5.63%.

These products are available for standard and limited company borrowers.

Fleet’s five-year fix green mortgage product maintains its 10 basis point discount and is available at 5.49% at 75% LTV.

These products are available on properties with an energy performance certificate (EPC) rating of C and above.

For houses of multiple occupancy (HMO) and multi-unit block products, the 65% LTV five-year fix price starts at 5.63%, with the 75% LTV priced at 5.73%.

The 75% LTV five-year fix green mortgage product starts at 5.63%, and the 75% LTV seven-year fix is now 5.73%.

Fleet Mortgages chief commercial officer Steve Cox says: “No sooner had we announced our range of fixed-rate price cuts last week, that we have seen a further calming of money markets, allowing us to shift our pricing by an extra 20 basis points right across the board.”

“This will provide further competitive product options for advisers seeking either purchase or remortgage finance to landlord borrowers.”

Last week, Fleet changed its revert rate for all fixed-rate products after the end of the special rate to bank base rate plus 3%.

Original Article

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