The 80 per cent two-year fix for standard and limited company/LLP borrowers is priced at 3.89 per cent and comes with a two per cent fee, while the five-year fix is priced at 4.15 per cent, also with a two per cent fee.
All two-year fixes come with a rental calculation of 125 per cent at 5.5 per cent, while five-year fixes are pay rate products with a rental calculation of 125 per cent at the pay rate. Fleet’s 80 per cent LTV products include either a free or discounted valuation.
Steve Cox (pictured), chief commercial officer at Fleet Mortgages, said: “This week we are adding 80 per cent LTV products back into our offering, with mortgages available in both our standard, and limited company and LLP ranges.
“We’re confident that moving back into the 80 per cent LTV space also provides advisers with a number of new options suitable for their landlord clients.”
Fleet Mortgages also offers products for landlords looking to purchase or remortgage homes in multiple occupancy (HMOs) and multi-unit blocks – these are available at both 65 per cent and 75 per cent LTV levels, with two-year pricing starting at 3.24 per cent and five-year at 3.43 per cent.
The return to 80 per cent LTV lending comes after Fleet relaunched its product range at the end of October with price reductions across the board. Last month the specialist lender also launched its first buy-to-let product range fully funded by its parent company, Starling Bank.
