Zephyr cuts BTL mortgage rates across key fixed products

Published on

Zephyr Homeloans has announced further reductions to its buy-to-let mortgage rates, cutting pricing by up to 15 basis points across selected two and five-year fixed products.

The specialist lender confirmed that its two-year fixed rate products have been lowered by 15 basis points, while five-year fixed offerings have been cut by 10 basis points.

The repricing applies to standard properties, new builds, flats above commercial premises, HMOs and multi-unit freehold blocks, all available up to 65% loan-to-value.

The lender’s new two-year fixed rates now start at 2.54% with a 7% fee for standard buy-to-let properties and those above commercial premises.

Products aimed at HMOs and MUFBs have been reduced to 2.69% under the same fee structure.

Five-year fixed rates now start at 4.39% for standard properties and new builds, again with a 7% fee. HMOs and MUFBs are priced at 4.49% on a five-year fixed basis.

Zephyr also continues to offer all fixed rate mortgage products with alternative fee structures, including options at 0% and 3%.

Commenting on the changes, Andy Rowe, head of sales at Zephyr Homeloans, said: “Following our recent repricing, we’re pleased to be able to reduce rates again to help our brokers to better support their landlord customers.”

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

Latest articles

Expat buy-to-let rates rise sharply for lower-LTV borrowers

British expatriate landlords with larger deposits are facing higher mortgage rates than borrowers with...

Commonhold reform faces practical challenges over finance and building management

The introduction of commonhold as an alternative to leasehold will require significant preparation across...

Family BS reduces fixed mortgage pricing for landlords and homeowners

Family Building Society has cut rates across its two-year fixed mortgage range by up...

Sprive records ninefold rise in shoppers as mortgage cashback spending reaches £185m

Mortgage cashback app Sprive has reported a sharp increase in customer activity, with shoppers...

Mortgage deals last just 15 days as volatility hits record high

Mortgage products are lasting just 15 days on average this year as lenders repeatedly...

Latest publication

Other news

Expat buy-to-let rates rise sharply for lower-LTV borrowers

British expatriate landlords with larger deposits are facing higher mortgage rates than borrowers with...

Commonhold reform faces practical challenges over finance and building management

The introduction of commonhold as an alternative to leasehold will require significant preparation across...

Buy-to-let and the next generation of landlords

There has been plenty of discussion recently about the future of buy-to-let, whether landlords...