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.”