Fleet Mortgages has relaunched a range of 75% LTV fixed-rate products across its core buy-to-let lending lines, following the recent withdrawal of its previous fixed-rate offering amid market volatility.

The buy-to-let specialist confirmed that new two-year and five-year fixed-rate products are now available across its Standard, Limited Company and HMO/Multi-Unit Freehold Block (MUFB) ranges.

For Standard and Limited Company borrowers, the two-year fixed-rate product is available at 4.29%, while the five-year fixed rate is priced at 5.04%.

Both products carry a completion fee of 3% with a minimum of £750, and include a free valuation for properties valued up to £500,000.

Landlords seeking finance for HMO and MUFB properties can access a two-year fixed rate at 4.59%, or a five-year fixed-rate at 5.49%. These products also come with a 3% completion fee with a £750 minimum.

The lender said it intends to introduce further fixed-rate products across its ranges as soon as possible, although it noted that ongoing market volatility has required it to operate within tighter timeframes than usual when making product changes.

Alongside the relaunched fixed-rate options, Fleet Mortgages continues to offer a full range of 75% LTV tracker products linked to Bank Base Rate, available with both fixed-fee and percentage fee structures.

Steve Cox, chief commercial officer at Fleet Mortgages, said: “We took the decision to withdraw our previous fixed-rate range in order to respond quickly to the volatility we have been seeing in recent days, and to ensure we could return with products as soon as possible that remain both competitive and sustainable.

“This relaunch brings back 75% LTV fixed-rate options across our Standard, Limited Company and HMO/MUFB ranges, providing advisers with both two-year and five-year choices depending on the needs and strategy of their landlord clients.

“We know advisers value certainty and speed when markets are moving like this, and our focus has been on reintroducing a small but clear set of fixed-rate options while continuing to offer our full tracker range for those clients who may prefer that route in the current environment.

“As always, our aim is to react quickly, communicate effectively, and continue to support advisers and their clients during what is, undoubtedly, a very changeable environment and market situation.

“Our hope is that we see a degree of stability in a short space of time but we must also prepare for further upheaval over the days and weeks ahead.”