Fleet Mortgages expects to start lending again by the end January

Fleet Mortgages anticipates resuming new lending by the end of January, after it withdrew its entire product range today.

The lender said a new funding line is likely to be sorted by the end of the month, which will see the launch of a new product range with fresh pricing.

The buy-to-let lender blamed a shortage of funding on doing more business than expected after revamping its product range in December.

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