Fleet Mortgages has launched of three new 65% LTV 2-year fixed-rate products with cashback of £1,000, no application fee and a free valuation on properties up to £500k.

There are three different options with three different fee structures.

The 3% fee (minimum £750) mortgage is offered at a rate of 3.49%; the zero-fee mortgage is offered at a rate of 5.09% and the fixed £1,999 fee mortgage is offered at a rate of 4.54%.

All three products come with February 2028 end dates and a minimum loan size of £25k; the fixed-fee product comes with a maximum loan size of £750k.

Steve Cox (main picture), chief commercial officer at Fleet Mortgages, said: “Following our announcement of rate cuts last week, we’re pleased to be able to launch these new 65% LTV, two-year fixes.

“Each product comes with a different fee structure, which means advisers can select the most suitable option for their clients depending on circumstances – whether they prefer to pay a higher fee for a lower rate or benefit from a zero-fee option.”

SUPPORTING LANDLORDS

And he added: “With features such as £1,000 cashback, no application fee and a free valuation up to £500k, we believe these products provide excellent value and underline our commitment to supporting landlords with flexible, competitive solutions.”

The latest products follow a range of price reductions announced by Fleet last week across both 2- and 5-year 75% LTV fixed-rate products for its standard and limited company mortgage options.