Fleet Mortgages has widened its two-year fixed rate range for properties with an Energy Performance Certificate (EPC) rating of A to C and reduced selected remortgage-only rates.
The EPC A to C deals will be available up to 75% loan to value (LTV) across all three of the lender’s ranges. This includes standard, limited company and houses of multiple occupation (HMOs) and multi-unit freehold blocks (MUFBs).
In its standard limited company range, the EPC products will be priced at 5.54% with no completion fee and 5.39% with a £1,999 fee. There is a maximum loan size of £750,000 and both come with free valuations up to £500,000.
On the HMO and MUFB side, pricing begins at 5.54% with no completion fee and 4.74% with £1,499 fee. A maximum loan size of £750,000 is also in place and there is £1,000 cashback available.
Pricing is around 10 basis points (bps) lower than its equivalent non-EPC A to C deals.
Looking at remortgage-only deals, its two-year fixed rate remortgage-only product has been cut by 10bps to 4.44%; the five-year fixed rate remortgage-only product has been reduced by 15bps to 4.74%. Both products come with a free valuation up to £500,000 and £500 cashback.
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Steve Cox (pictured), chief commercial officer at Fleet Mortgages, said: “The direction of travel on property standards remains clear and landlords are increasingly aware EPC ratings matter, both in terms of tenant demand and future regulation. By pricing these EPC A to C products below their standard equivalents, we are recognising the lower risk profile of those properties and giving advisers a clear pricing advantage to discuss with clients.
“At the same time, we know many landlord borrowers are looking at their remortgage options as large numbers of deals come to maturity through the first half of 2026. Cutting our two- and five-year fixed rate 75% LTV remortgage-only products provides strong options for advisers placing business in the weeks ahead. As ever, our focus is on competitive pricing, clear criteria and practical support for advisers across our full range – Standard, Limited Company and HMO/MUFB.”
