The products are for landlords who are either remortgaging or buying a property with an EPC rating of A-C.
It follows the relaunch of the specialist lender’s five-year fixed rate deal for properties with an EPC rating of A-C.
That deal was available across its three core product ranges: standard, limited company and houses of multiple occupancy (HMOs)/multi-unit blocks (MUBs).
Fleet Mortgages is now able to launch the two-year versions of the deal.
The new standard and limited company products are available up to 75% LTV at a price of 4.59%.
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Meanwhile, the HMO/MUB product is offered at 4.89%.
All EPC A-C products come with a fee of 3%, with a minimum of £750.
Fleet Mortgages also continues to offer its £1,000 cashback incentive to landlord borrowers who improve the EPC level of their property to a C or above during the course of their initial fixed rate period.
In addition, the lender has cut the rate on its two-year 75% LTV HMO/MUB fixed rate by 10 basis points, with a new rate of 4.99%.
This product also comes with a 3% fee, with a minimum of £750.
New landlord EPC requirements
EPCs measure a home’s energy efficiency and rate a property from A to G.
A is the most efficient and means the home is likely to have the cheapest energy bill, while G is the worst.
The government has told landlords that they will be required to improve their properties to an EPC rating of C or higher by 2030.
Steve Cox, chief commercial officer at Fleet Mortgages, said: “After relaunching our EPC A-C range last week with five-year deals, this week we are able to bring two-year products to market.
“This might well suit landlord borrowers with a shorter time horizon, particularly those who might believe rates will fall further during that period.”
He continued: “These products provide a real incentive, not just for those borrowers with properties already at an A-C level, but also those who are considering how they get existing homes up to this standard.
“As we know, the minimum standards for EPCs are going to be raised to C and above by 2030, which might sound like a long time away, but the sooner the property is at this level, the sooner the landlord borrower can benefit from these discounted product rates.
“This whole issue, and the responsibilities landlords now have in this area, provide advisers with an opportunity to communicate with their landlord clients and to outline how they can help deliver the necessary solutions. It’s an opportunity not to be missed.”
