Fleet Mortgages has launched three new 65% LTV two-year fixed-rate landlord merchandise.
The specialist lender says the trio of loans sit inside its customary borrower vary and include cashback of £1,000, no utility price and a free valuation on properties as much as £500,000.
It provides that the merchandise have three completely different choices, with three completely different price buildings:
A 3% price, minimal £750, mortgage at a price of 3.49%
A zero-fee mortgage at a price of 5.09%
A hard and fast £1,999 price mortgage at a price of 4.54%
All three merchandise include February 2028 finish dates and a minimal mortgage measurement of £25,000 — the fixed-fee product comes with a most mortgage measurement of £750,000.
Fleet Mortgages chief business officer Steve Cox says: “Each product comes with a unique price construction, which implies advisers can choose the most suitable choice for his or her purchasers relying on circumstances — whether or not they choose to pay the next price for a decrease price or profit from a zero-fee possibility.
“With added options resembling £1,000 cashback, no utility price and a free valuation as much as £500,000, we imagine these merchandise present glorious worth and underline our dedication to supporting landlords with versatile, aggressive options.”
