Fleet Mortgages Expands EPC A-C Fixed-Rate Range and Lowers Remortgage Prices: What London Landlords Need to Know

Why Fleet’s EPC A-C Mortgage Expansion Matters to Landlords

Fleet Mortgages has recently broadened its two-year fixed-rate products specifically for properties rated EPC A to C, extending availability up to 75% loan-to-value (LTV) across Standard, Limited Company, and HMO/MUFB mortgage categories. Crucially, these products come with lower interest rates than standard offerings and additional perks such as no completion fees and cashback incentives. Simultaneously, Fleet has reduced rates on select remortgage-only deals, making refinancing more appealing.

This move reflects a growing trend among lenders to recognise the lower risk associated with energy-efficient properties. For landlords, it signals a clear financial advantage to maintaining or improving EPC ratings, which are increasingly influencing borrowing costs and tenant preferences.

Practical Implications for Different Landlord Profiles

• Single-Unit Landlords: If your property holds an EPC rating between A and C, this is an opportune moment to review your mortgage arrangements. The lower rates and fees could significantly reduce monthly outgoings.

• HMO and MUFB Landlords: Fleet’s expanded product range explicitly includes HMOs and multi-unit freehold blocks, sectors often subject to stricter underwriting. This opens up fresh refinancing or acquisition possibilities with cost savings.

• Portfolio Landlords and Limited Companies: With eligibility extended to limited company borrowers, portfolio landlords can leverage these products to optimise financing across multiple properties.

• Accidental Landlords: Even if EPC upgrades are not currently planned, assessing your property’s EPC rating can identify refinancing opportunities with Fleet’s new products.

Steps to Take Now

1. Audit Your Properties’ EPC Ratings: Compile accurate, up-to-date EPC certificates for all rental units. If ratings are B or C, you’re already positioned to benefit.

2. Consult Your Mortgage Adviser: Discuss Fleet’s expanded product range and remortgage rate reductions to understand eligibility and potential savings.

3. Evaluate Energy Efficiency Upgrades: Where properties have D or lower ratings, consider cost-effective improvements that could elevate EPC status to C or better, unlocking better mortgage terms and attracting tenants prioritising sustainability.

4. Plan Refinancing or New Purchases Strategically: Use this window to refinance existing mortgages or pursue new acquisitions with enhanced EPC ratings to secure favourable rates.

5. Stay Alert to Regulatory Changes: The UK government continues to tighten energy efficiency standards for rental properties. Proactively aligning your portfolio will mitigate future compliance risks and maintain competitiveness.

Benchmarking and Data Gaps

While Fleet’s specific rates vary by product and borrower profile, landlords should benchmark offers against their current mortgage terms and local market conditions. Engage directly with mortgage brokers or Fleet representatives for tailored quotes. Additionally, track EPC rating distributions in your area via local authority data or EPC registers to prioritise properties with the greatest upgrade potential.

How Rentals & Sales Can Support

Our landlord intelligence hub offers portfolio reviews focusing on EPC compliance and financial optimisation. We provide compliance audits, pricing strategies aligned with energy efficiency standards, and bespoke consultations to navigate refinancing options. Contact us to schedule a session tailored to your portfolio’s needs.

Compliance Note: This article is for informational purposes and does not constitute financial advice. Landlords should seek professional mortgage and legal advice before making decisions.