Zephyr reduces rates on most mortgage products

25 July 2024

Lender reducing rates by five to 10 basis points across ranges

Bristol, 25 July 2024 – Zephyr Homeloans, the specialist buy-to-let (BTL) mortgage provider, has announced that it is reducing rates on most of its products by five to 10 basis points (bps).

The lender said that it is offering the following for properties with an A to C-rated energy performance certificate (EPC):

· 3.59% on a two-year, fixed-rate, standard mortgage up to 65% LTV, with a 7% fee
· 4.69% on a five-year, fixed-rate, standard mortgage up to 65% LTV, with a 7% fee
· 3.79% on a two-year, fixed-rate mortgage for HMOs (houses of multiple occupancy) and MUFBs (multi-unit freehold blocks) up to 65% LTV, with a 7% fee
· 4.89% on a five-year, fixed-rate mortgage for HMOs and MUFBs up to 65% LTV, with a 7% fee

Zephyr also said it is offering the following rates for properties with an EPC rating of D or E:

· 3.69% on a two-year, fixed-rate standard mortgage up to 65% LTV, with a 7% fee
· 4.74% on a five-year, fixed-rate standard mortgage up to 65% LTV, with a 7% fee
· 3.89% on a two-year, fixed-rate mortgage for HMOs and MUFBs up to 65% LTV, with a 7% fee
· 4.94% on a five-year, fixed-rate mortgage for HMOs and MUFBs up to 65% LTV, with a 7% fee

Paul Fryers, Managing Director at Zephyr Homeloans, said: “By reducing the rates on the majority of our mortgage products we’re providing brokers with a wider range of tools to help find the best deal for their landlord customers.”