Here is the latest update from Fleet Mortgages. For details see their latest product guide. Their Lending Criteria Guide is available here. Remember, you can access these products through our direct to lender mortgage club to get the benefits of payment on completion as well access their mortgages through our fees free packager team. Register with Fleet here
Fleet Mortgages | New Products Launching | Wednesday 22nd February 2023
Reintroduction of 2-Year Fixed Rate Products
- Given the uncertainty around rates, these 75% LTV 2-Year Fixes should provide a further boost in product options and choice for those looking for shorter-term certainty when it comes to their monthly mortgage payments
- 3 x new 75% LTV 2-year Fixed Rate products anchored at 5.69%
- End dates and ERC dates set as 30th April
New 5-Year Fixed Rate Products
- We are also launching new 5-Year fixes with lower rates and a higher fee, as we know there is significant demand for such products against the backdrop of landlords seeking to meet affordability criteria. These new 70% LTV higher-fee 5-Year Fixes will complement our standard product range
- 3 x new 70% LTV 5-year Fixed Rate products anchored at 4.79% with a higher fee of 5% (Min. £750)
- End dates and ERC dates set as 30th April
Existing Fixed Rate & Tracker Products
- No changes to our existing Fixed Rate or Tracker Products
Planned Broker Portal Closure – Saturday 25th February
We would also like to take this opportunity to let you know that due to essential system maintenance, the Fleet Mortgages Broker Portal will be unavailable all day on Saturday 25th February.