Zephyr introduces new 80% mortgage range

31 July 2024

Products will provide more choice for brokers’ landlord customers, says lender

Bristol, 31 July 2024 – Zephyr Homeloans, the specialist buy-to-let (BTL) mortgage provider, has announced a two-year, fixed, 80% mortgage product across its standard, HMO (houses of multiple occupancy) and MUFB (multi-unit freehold blocks) ranges.

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

• 5.89% on a two-year, fixed-rate, standard mortgage up to 80% LTV, with a 3% fee
• 6.09% on a two-year, fixed-rate mortgage for HMOs and MUFBs up to 80% LTV, with a 3% fee

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

• 5.99% on a two-year, fixed-rate, standard mortgage up to 80% LTV, with a 3% fee
• 6.19% on a two-year, fixed-rate mortgage for HMOs and MUFBs up to 80% LTV, with a 3% fee

Paul Fryers, Managing Director at Zephyr Homeloans, said: “We’re seeing increasing interest from brokers in the HMO and MUFB sector.

“In launching these products we’re able to help brokers support their landlord clients to develop their business in this specialist market segment.”

Landlords can also add mortgage arrangement fees to the loan balance up to a maximum LTV of 83%, said the lender.