Fleet launches limited edition zero completion fee five-year fixes

Fleet Mortgages, the buy-to-let specialist lender, has today (9^th February 2024) launched new limited edition, five-year fixed-rate products with zero completion fees across its three core ranges: standard, limited company and HMO/multi-unit block (MUB).

The new five-year fixes are available up to 75% LTV with standard/limited company borrowers being able to access a rate of 5.59%, while for HMO/MUB borrowers the rate is 5.93%.

Fleet said that the zero completion fee products would provide a considerable, upfront saving, coupled with a highly-competitive five-year fixed-rate. There is a booking fee for each product of £199 and includes free valuations for both standard and limited company borrowers for properties up to a value of £500k.

Last month, Fleet cut rates across its entire range of fixed-rate products, which includes Green – for properties with an A-C Energy Performance Certificate (EPC) rating.

Rates start at 4.59% for standard and limited company borrowers, and 4.99% for HMO/MUB borrowers. All products come with a revert rate of Bank Base Rate plus 3% and all end dates were extended to the 30^th April.

Fleet Mortgages also offer a range of Tracker and Green Tracker products, plus a suite of product transfer options for existing borrowers.

Fleet Mortgages’ product guide and full list of lending criteria is available to view by visiting its website at: www.fleetmortgages.co.uk