Criteria Enhancements

At Fleet, we’re always listening to adviser feedback, so we’re pleased to introduce a series of criteria enhancements, live from Friday 6th March 2026, that reflect what advisers and their landlord clients need. These updates represent a sensible evolution of our approach, helping more landlord borrowers access the finance they need through our competitively priced buy-to-let product range.

What’s new?

Height restriction for blocks of flats: Removed

• More opportunities for brokers to place cases on a wider range of high‑rise properties

Maximum LTV on new build flats: Increased from 70% to 75% LTV

• Greater flexibility for landlords with lower deposit requirements

Requirement for applicants to have a minimum income: Removed

• Giving landlords greater access to finance regardless of their employed earnings (Applicants will still need to evidence income)

Self-employed/contractors trading period: Reduced to 1 full tax year

• Helping more self-employed landlords access finance sooner

Number of documents required to submit a case: Reduced

• Making the application process faster, simpler and easier to package

Payday loans: Now allowed

• Supporting landlords whose past short‑term borrowing might have limited their options

Mortgage term: Increased from 30 to 35 years

• Helping to improve affordability and give landlords greater cashflow flexibility

Blocks of flats with swimming pools: Now acceptable

• Supporting landlords investing in newer, high spec buildings with shared leisure facilities

Age restriction on blocks of flats with flat roofs and steel or concrete frame blocks: Removed

• Giving landlords greater flexibility

See full Criteria Guide for further details.

All applications are subject to underwriting review and applicable criteria.