Fleet Mortgages are launching new Fixed Rate products which will go live at 09:00am on Wednesday 22nd February.
Please find below a summary of changes:
Reintroduction of 2-Year Fixed Rate Products
- Given the uncertainty around rates, these 75% LTV 2-Year Fixes should provide a further boost in product options and choice for those looking for shorter-term certainty when it comes to their monthly mortgage payments
- 3 x new 75% LTV 2-year Fixed Rate products anchored at 5.69%
- End dates and ERC dates set as 30th April
New 5-Year Fixed Rate Products
- We are also launching new 5-Year fixes with lower rates and a higher fee, as we know there is significant demand for such products against the backdrop of landlords seeking to meet affordability criteria. These new 70% LTV higher-fee 5-Year Fixes will complement our standard product range
- 3 x new 70% LTV 5-year Fixed Rate products anchored at 4.79% with a higher fee of 5% (Min. £750)
- End dates and ERC dates set as 30th April
Existing Fixed Rate & Tracker Products
- No changes to our existing Fixed Rate or Tracker Products
Planned Broker Portal Closure – Saturday 25th February
We would also like to take this opportunity to let you know that due to essential system maintenance, the Fleet Mortgages Broker Portal will be unavailable all day on Saturday 25th February.
Please let me know if you have any questions.