Zephyr Homeloans has cut rates on its five-year, fixed-rate, standard buy-to-let loans for a limited period.

The specialist buy-to-let lender’s new rates start at 3.19% for up to £1.5 million for the five-year, fixed-rate standard buy-to-let mortgages for individuals and limited companies.

As with all of Zephyr’s products, there is no upfront application fee. The products carry a 2% arrangement fee.

Paul Fryers (pictured), managing director at Zephyr Homeloans, said: “We are delighted to offer a reduced and highly competitive ‘Spring Special’ on our five-year, fixed rate product, which coincides with the peak property buying season.

“The new rates are one of the lowest in the specialist buy-to-let market today, offering landlords and property investors further product options when considering either plans to purchase a new property or re-finance existing mortgages.”

Zephyr will lend up to £1.5 million on its standard range at 70% loan to value (LTV) and up to £1 million with a 75% LTV.