Fleet Mortgages Product Update

Fleet Mortgages LogoWe’re pleased to confirm that we are updating our products and our new products will go live at 09:00am Friday 22nd September 2023.

Please find below further details of our updated products:

  • Reduced interest rates across all Fixed Rate products by 15 bps
  • Introduction of 3 x 7-year Green products, priced 10 bps lower than their 5-year counterpart
  • End dates moved from 31st October to 31st December 2025, 2028 & 2030 respectively
  • A total of 15 product changes made
  • No changes have been made to our tracker products

I have attached copies of our updated Product Guide, as well as our Product Guide for Product Transfers.

Criteria Change

We would also like to make you aware of a change that we are making to our criteria effective from Friday 22nd September 2023: Fleet’s leasehold policy requires a minimum lease of 75 years to be in place at completion, with a minimum of 50 years at expiry of the mortgage (this was previously 40 years).