The lender had postponed all valuations as a result of the Government lockdown – which began at the tail-end of March – but says inspection of properties within England will now begin allowing it to restart the process of moving its applications through to offer.

At present, the lender’s product range includes two- and five-year fixed-rate options for individual landlords, limited companies and those financing HMOs and multi-unit blocks, available up to 60% LTV.

Fleet Mortgages said that, while it retained the full support of its funders, appetite for new business would be carefully monitored with its stakeholders as it reviews the market situation and the position of the capital markets.

New applications to Fleet will be processed strictly in the order received and where all relevant fees are paid, and the lender says it will keep advisers notified of its lending appetite as this increases over time.

It has no plans to run a funds booking ‘tranche management’ system and will manage application volumes on a day-to-day basis.

Fleet Mortgages’ product guide and full list of lending criteria is available on its new website at: www.fleetmortgages.co.uk