Fleet Mortgages has expanded its two-year fixed rate product range for properties with an EPC rating of A to C, alongside rate reductions across selected two and five-year fixed rate remortgage-only products.
The new EPC A-C products are available up to 75% LTV across all three of the lender’s standard, limited company and HMO/MUFB ranges. Pricing on these products is set 10 basis points lower than the equivalent non-EPC A-C products.
In the standard and limited company ranges, new products include a 5.19% two-year fixed rate with no completion fee and a 4.74% two-year fix with a £1,499 fee (maximum loan of £750,000). Both products come with free valuations up to £500,000.
Within the HMO/MUFB range, the new products are a 5.54% two-year fixed rate with no completion fee and a 5.39% two-year fix with a £1,999 fee. Both products also come with £1,000 cashback.
Fleet has also cut rates on remortgage-only products within its standard and limited company ranges, reducing rates on its existing 75% LTV products which come with a 2% fee (£750 minimum).
The two-year fixed rate product has reduced by 10bps to 4.44% and the five-year fixed rate is down by 15bps to 4.74%. Both products come with a free valuation up to £500,000 and £500 cashback.
The new products and rate cuts follow last month’s launch of a new range of 65% LTV mortgage products.
Steve Cox, chief commercial officer at Fleet Mortgages, commented: “The direction of travel on property standards remains clear and landlords are increasingly aware EPC ratings matter, both in terms of tenant demand and future regulation. By pricing these EPC A to C products below their standard equivalents, we are recognising the lower risk profile of those properties and giving advisers a clear pricing advantage to discuss with clients.
“At the same time, we know many landlord borrowers are looking at their remortgage options as large numbers of deals come to maturity through the first half of 2026. Cutting our two and five-year fixed-rate 75% LTV remortgage-only products provides strong options for advisers placing business in the weeks ahead. As ever, our focus is on competitive pricing, clear criteria and practical support for advisers across our full range - standard, limited company and HMO/MUFB.”
