"These reductions build on our recent launch of new standard 65% LTV two-year fixes and underline Fleet’s commitment to offering competitively-priced products backed by consistent service"
- Steve Cox - Fleet Mortgages
Buy-to-let specialist lender, Fleet Mortgages has announced rate reductions on its two- and five-year 75% LTV HMO and multi-unit freehold block (MUFB) products. The changes were made public on 24th September 2025.
Two-year fixed-rate products
£1,999 fixed-fee mortgage: 15bps reduction to 5.49% from 5.64%, with a maximum loan size of £750,000.
3% fee (minimum £750) mortgage: 10bps cut for properties with A-C EPC levels to 4.24% from 4.34%; for D and below EPC properties, the rate falls 10bps to 4.34% from 4.44%.
Zero fee mortgage: 10bps reduction to 5.89% from 5.99%.
End dates extended to 28th February 2028.
Five-year fixed-rate products
£3,999 fixed-fee mortgage: 10bps reduction to 5.19% from 5.29%, maximum loan £750,000.
3% fee (minimum £750) mortgage: 10bps cut for A-C EPC properties to 4.89% from 4.99%; for D and below EPC properties, the rate falls 10bps to 4.99% from 5.09%.
Zero fee mortgage: 10bps reduction to 5.54% from 5.64%.
End dates extended to 28th February 2031.
All products come with £1,000 cashback and a £199 application fee.
These HMO rate reductions follow Fleet’s launch of three new 65% LTV two-year fixed-rate products earlier in September. These products, available to standard borrowers, include £1,000 cashback, no application fee, and a free valuation for properties up to £500,000.
“HMOs and MUFBs remain a core part of many professional landlords’ portfolio strategies, so we’re pleased to make meaningful cuts across both our two- and five-year 75% LTV range,” said Steve Cox, chief commercial officer at Fleet Mortgages.
“We have lowered pricing on all fee options and, combined with £1,000 cashback, these products are designed to support both purchase and remortgage customers who want certainty and flexibility in equal measure. These reductions build on our recent launch of new standard 65% LTV two-year fixes and underline Fleet’s commitment to offering competitively-priced products backed by consistent service. We know advisers need options that work for different client strategies and cashflows, and we’ll keep responding quickly to market conditions so advisers and their landlord clients can move with confidence,” Cox added.
