Fleet Mortgages has cut rates on all two- and seven-year fixes across its three core ranges by up to 20 basis points.  

The buy-to-let lender says the reductions affect its standard, limited company and houses in multiple occupation/multi-unit block loans.  

Highlights of its changes include:  

• Standard/limited company borrowers – two-year fixes up to 75% loan to value, now at 5.44%  

— Green seven-year fixes – for properties with an A to C energy performance certificate rating – up to 75% LTV, now at 5.54%  

• Houses in multiple occupation/multi-unit block borrowers — two-year fixes up to 75% LTV, now at 5.64%  

— Green seven-year fixes up to 75% LTV, now at 5.68%  

All two- and seven-year fixes come with a fee of 3% and a revert rate of Bank base rate plus 3%.  

Last week, the firm cut rates on all five-year fixes across its three core ranges by 20 basis points, and launched a new suite of product transfer deals for existing borrowers earlier in September.  

Fleet Mortgages chief commercial officer Steve Cox says: “Last week, we were able to cut the rates on all our five-year fixed rates and this week we have been able to do the same across our two- and seven-year fixed-rate options, which includes our green seven-year deal for those purchasing or remortgaging a property with an energy performance certificate level of C or above.  

“There is clearly still an incentive for landlords to have properties with a higher energy performance certificate level, and over the long term the lower rates available on green products will provide a significant monthly mortgage cost saving, not forgetting the benefits for tenants in terms of lower utility bill costs.  

“We also continue to offer £1,000 cashback payment to those landlord borrowers who improve the energy performance certificate level of their property to a C or above during the course of the initial fixed-rate period, so again there is money to be saved by improving the energy efficiency of a property right now.”