Fleet Mortgages has cut rates on both its two and five-year 75% LTV products for standard and limited company borrowers. The lender’s two-year fixed-rate now has a rate of 4.69%, down from 4.99%, while the five-year fixed-rate now comes with a rate of 5.74%, down from 5.89%. Fleet said that the cuts support landlord borrowers seeking both short-term and longer-term mortgage horizons.

Vida has reduced its residential and buy-to-let (BTL) ranges by up to 0.30%. The latest reductions apply to the lender’s new business products, with residential products being cut in price from 0.15% up to 0.30%, and BTL products being cut from 0.05% up to 0.30%. The lowest price residential product is on the Vida 36 credit tier, with a rate of 6.24% at 75% LTV, and the lowest BTL product is priced at 5.01%, also on the Vida 36 credit tier at 75% LTV.

SPF Private Clients has added short-term luxury asset lender, Suros Capital, to its panel of introducers. Having previously set up its private office facility to cater for wealthy clients in need of first class personal financial advice, SPF said it is building up its asset finance capability and approached Suros Capital, with its short-term funding model backed by luxury assets, as a suitable partner.

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