The mortgage rate of homes in multiple professions in the fleet reduces the freehold blocks of multiple units by up to 15 basis points.
Today’s lenders cut the price by 75% of loans to value transactions.
A two-year fixed fee of £1,999 has been reduced from 5.64% to 5.49% with a maximum loan size of £750,000.
The two-year fixed fee of 3% has been reduced from 4.34% to 4.24%, with its Energy Performance Certificate (EPC) rated a to C and from 4.44% to 4.44% to 4.44%.
From 5.99% to 5.99% down 10bps for two years uncharged fixes.
The five-year fixed fee is £3,999, down from 5.29% to 10bps to 5.19%, with a maximum loan size of £750,000.
The five-year fixed fee of 3% has dropped from 4.99% of EPC A to C attributes to 4.89%, while the fixed fee rating D or below has dropped from 5.09% to 4.99%.
From 5.64% to 5.54%, the free-fee option has dropped from 5.64% to 5.54%.
All products include a cash back of £1,000 and a £199 application fee is charged.
The news comes as other lenders move mortgage rates in both directions this week.
Steve Cox, Chief Business Officer of the Fleet Mortgage Ceremony, said: “HMO and MUFB remain central to the portfolio strategy for many professional landlords, so we are excited to make meaningful cuts in our two- and five-year 75% LTV series.
“We have lowered pricing for all fee options and combined with a cashback of £1,000, these products are designed to support purchase and re-loan customers who want certainty and flexibility in the same way.
“We know that consultants need options that apply to different client strategies and cash flows, and we will continue to respond quickly to market conditions so that consultants and their landlord clients can move with confidence.”
