Fleet Mortgages cuts rates on 75% LTV HMO/MUFB buy-to-let product range

Fleet Mortgages, the buy‑to‑let specialist lender, has today (24^th September 2025) announced a series of price cuts to both two- and five-year 75% LTV HMO/MUFB products.

For two-year fixed-rate HMO/MUFB buy-to-let products, the following cuts have been made:

• £1,999 fixed-fee mortgage – 15 basis point (bps) reduction to 5.49% from 5.64%. The maximum loan size is £750k.
• 3% fee (minimum £750) mortgage – 10bps cut for properties with an A-C EPC level from to 4.24% from 4.34%; for properties with a D and below EPC level, the cut is also 10bps to 4.34% from 4.44%.
• Zero fee mortgage – 10bps cut to 5.89% from 5.99%.
• End dates have been extended to 28^th February 2028.

For five-year fixed-rate HMO/MUFB buy-to-let products, the following cuts have been made:

• £3,999 fixed-fee mortgage – 10bps reduction to 5.19% from 5.29%. The maximum loan size is £750k.
• 3% fee (minimum £750) mortgage – 10bps cut for properties with an A-C EPC level to 4.89% from 4.99%; for properties with a D and below EPC level, the cut is also 10bps to 4.99% from 5.09%.
• Zero fee mortgage – 10bps cut to 5.54% from 5.64%.
• End dates have been extended to 28^th February 2031.

All products come with £1,000 cashback and a £199 application fee.

The HMO rate reductions follow Fleet’s launch of three new 65% LTV two-year fixed-rate products earlier in September. All three products are available within the lender’s Standard borrower range and come with cashback of £1,000, no application fee and a free valuation on properties up to £500k.

For further information on all Fleet Mortgages’ buy-to-let mortgage products, please visit: www.fleetmortgages.co.uk/products/

Steve Cox, Chief Commercial Officer at Fleet Mortgages, commented:

“HMOs remain a core part of many professional landlords’ portfolio strategies, so we’re pleased to make meaningful cuts across both our two- and five-year 75% LTV HMO range. We have lowered pricing on all fee options and, combined with £1,000 cashback, these products are designed to support both purchase and remortgage customers who want certainty and flexibility in equal measure.

“These reductions build on our recent launch of new Standard 65% LTV two-year fixes and underline Fleet’s commitment to offering competitively-priced buy-to-let mortgage products backed by consistent service. We know advisers need options that work for different client strategies and cashflows, and we’ll keep responding quickly to market conditions so advisers and their landlord clients can move with confidence.”