Fleet Mortgages has reduced rates by up to 25 basis points on a number of two-year fixed rate products across its standard and limited company product ranges.

The changes include a 15bps reduction to the lender’s two-year 3% fee on non-EPC A to C products, which have been cut from 4.14% to 3.99%.

A 15bps cut has also been made to its two-year 3% fee EPC A to C products, which have been lowered from 4.04% to 3.89%.

In addition, a 25bps reduction has been applied to two-year fixed-fee products – both £1,999 and £5,499 options. These are now priced at 5.39% and 4.39%, respectively.

These products are available at 75% loan-to-value (LTV) for both standard and limited company borrowers.

All products also come with a free valuation for properties up to £500k, while there is a maximum loan of £750k on the fixed-fee products.

Fleet Mortgages chief commercial officer Steve Cox says: “We continue to see strong demand for two-year fixed rates, particularly among landlords who want cost certainty in the short-term but also want to stay agile in a changing market.”

“By reducing rates on our Standard and Limited Company two-year product ranges, we’re making sure our products remain accessible and relevant.”