The lender cut rates across its 2-year and 5-year fixed-rate 75% LTV products, including energy performance certificate (EPC) A-C options.
Fleet Mortgages cut rates across its 2-year and 5-year fixed-rate 75% loan-to-value (LTV) products, including energy performance certificate (EPC) A-C options.
The lender reduced rates by 0.2% on its 2-year fixed-rate house in multiple occupation (HMO) and multi-unit freehold block (MUFB) products, with a 3% fee.
The non-EPC A-C variant dropped from 4.79% to 4.59%, and the EPC A-C product dropped from 4.69% to 4.49%.
All EPC A-C products are available to borrowers purchasing or remortgaging properties with an A-C rating.
Rates on all 5-year fixed-rate products, up to 75% LTV, have been reduced by 0.1%, including EPC A-C variants.
For standard and limited company borrowers, rates dropped from 5.14% to 5.04%, and from 5.04% to 4.94% on the EPC A-C products.
For HMO and MUFB products, rates were cut from 5.39% to 5.29%, and from 5.29% to 5.19% for the EPC A-C product.
All 5-year fixes come with a 3% fee, minimum £750.
Steve Cox, chief commercial officer at Fleet Mortgages, said: “These latest reductions reflect the improved funding environment we have seen recently and, as a result, our focus on ensuring advisers and their landlord borrower clients continue to have access to competitively-priced buy-to-let mortgage options across a range of property types and borrower circumstances.
“While market conditions remain capable of changing quickly, there has been a greater degree of stability compared to earlier in the year, allowing us to make further positive pricing changes.
“By reducing rates across our five-year range and making larger reductions on our two-year house in multiple occupation and multi-unit freehold block products, we are providing landlords with additional choice at a time when many continue to assess both refinancing opportunities and future portfolio plans.”
Cox added: “We have also extended end-dates on selected two-year products in order to give advisers more time and greater certainty when placing cases.
“In a market which can still move quickly, this can make a meaningful difference to both advisers and their clients.”