Fleet Mortgages have launched new products:

 

Summary of Products

Standard (Individual) with rental calculation 125% @5%

  • 2 year: Standard BTL 75% Fixed Rate 2.99% until 30 September 2019 (maximum loan size £200k), revert rate 5.07%
  • 2 year: Standard BTL 75% Fixed Rate 3.49% until 30 September 2019, revert rate 5.07%
  • 5 year: Standard BTL 75% Fixed Rate 3.99% until 30 September 2022, revert rate 5.07%
  • Life time tracker: Standard BTL 75% Lifetime LIBOR + 3.50% (3.82%)

 

Limited company with rental calculation 125% @5%

  • 2 year: Limited Companies BTL 65% Fixed Rate 3.29% until 30 September 2019, revert rate of 5.32%
  • 2 year: Limited Companies BTL 75% Fixed Rate 3.49% until 30 September 2019, revert rate of 5.32%
  • 5 year: Limited Companies BTL 65% Fixed Rate 3.69% until 30 September 2022, revert rate of 5.32%
  • 5 year: Limited Companies BTL 75% Fixed Rate 3.99% until 30 September 2022, revert rate of 5.32%
  • Life time tracker: Limited Companies BTL 75% Lifetime LIBOR + 3.50% (3.82%)

 

HMO with rental calculation 125% @ 5.57%

  • 2 years: HMO’s BTL 65% Fixed Rate 3.39% until 30 September 2019, revert rate: 5.57%
  • 2 years: HMO’s BTL 75% Fixed Rate 3.69% until 30 September 2019, revert rate: 5.57%
  • 5 years: HMO’s BTL 75% Fixed Rate 3.99% until 30 September 2022, revert rate: 5.57%
  • Lifetime tracker: HMO’s BTL 75% Lifetime LIBOR + 3.60% (3.92%)

 

Product withdrawal

  • DIPs by COB Wednesday (28/06/2017) and DIPs converted into FMA by COB Friday (30/06/2017).

 

If you have any questions please do get in touch.