20 January 2017
Fleet Mortgages have launched new products across both its individual and limited company ranges.
All products are available with immediate effect with lifetime trackers replacing their previous pay rate trackers, plus the return of 80% LTV options for both.
The new individual products are:
Both products come with a 1% fee and rent is calculated at 125% at 5%.
The new limited company products for those using corporate structures are:
All three products come with a 1.5% fee and again rent is calculated at 125% at 5%.
Both new 80% LTV product options for individuals and limited company borrowers come with a maximum loan size of £500k; the maximum loan size up to 75% LTV is £750k, and up to 70% LTV is £1m