Fleet Mortgages has brought out a range of new buy-to-let products for the first time since it was acquired by Starling Bank in late July.
In the lender’s standard range this launch includes, at 65% LTV, a two-year fix at 2.59% and a five-year fix at 2.99% and, at 75% LTV, a two-year fix at 2.69% and a five-year fix at 3.09%.
For limited companies or limited liability partnerships, at 65% LTV, two-year fixes start at 2.79% and five-year fixes at 2.99% while at 75% LTV, borrowers may choose a two-year fix at 2.89% and a five-year fix at 3.09%.
For both categories above, tracker rates start at 3.09% and 3.19% for 65% LTV and 75% LTV products, respectively.
And in the houses in multiple occupation or multi-unit blocks range, at 65% LTV, two-year fixes begin at 3.09% and five-year fixes at 3.35% and, at 75% LTV, two-year fixes start at 3.19% and five-year fixes at 3.44%.
Here, trackers start at 3.39% and 3.49%.
Fleet chief commercial officer Steve Cox says: “At the time of the acquisition, we outlined how this new partnership would allow Fleet to offer highly-competitive products and this new range is the first fruits of this partnership.
“We have been able to cut prices across the entire range and believe these products will appeal to advisers and their landlord clients, whether seeking to purchase or refinance.”
