Zephyr reduces rates across two and five-year products

24 September 2024

Lender reducing rates across both mortgage ranges by minimum of 20 basis points (bps)

Bristol, 24 September 2024 – Zephyr Homeloans, the specialist buy-to-let (BTL) mortgage provider, has announced it is further reducing rates on its two-year mortgage products by 0.20% and on its five-year mortgages by 0.29%.

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

• 3.24% on a two-year, fixed rate standard mortgage up to 65% LTV, with a 7% fee
• 4.30% on a five-year, fixed rate standard mortgage up to 65% LTV, with a 7% fee
• 3.44% 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
• 4.50% 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:

• 3.34% on a two-year, fixed rate standard mortgage up to 65% LTV, with a 7% fee
• 4.35% on a five-year, fixed rate standard mortgage up to 65% LTV, with a 7% fee
• 3.54% on a two-year, fixed rate mortgage for HMOs and MUFBs up to 65% LTV, with a 7% fee
• 4.55% 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: “We’re very pleased to provide further reductions in the current dynamic market on deals that will enable brokers to source the best mortgage to suit their landlord clients’ needs.”

Zephyr said that its fixed rate mortgage products are also available with a 0% or 3% fee option.