Zephyr Homeloans has announced a 16 basis points (bps) reduction across its two-year fixed rate mortgages and a 6bps reduction across its five-year fixed rate mortgages.

The specialist buy-to-let lender is offering the following for properties with an A to C-rated energy performance certificate (EPC):

• Between 3.64% and 5.64% on a two-year fixed rate, standard buy-to-let mortgage (65%) LTV
• Between 4.69% and 5.49% on a five-year, fixed rate, standard buy-to-let mortgage (65%) LTV

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

• Between 3.74% and 5.74% on a two-year fixed rate standard buy-to-let mortgage (65%) LTV
• Between 4.79% and 5.59% on a five-year, fixed rate, standard buy-to-let mortgage (65%) LTV

The mortgage offerings are available with fees of 3%, 5% and 7%.

The lender is also offering 6.19% and 6.29% with 0% product fees on five-year fixed standard buy-to-let mortgages at 80% LTV for properties with an A to C-rated EPC and a D or E-rated EPC rating, respectively.

Paul Fryers (pictured), managing director at Zephyr Homeloans, said: “Our new rates provide landlords with the choice and flexibility to enable them to find the deal that best suits their budgets.”

Zephyr has also reduced stress rate calculations on its two-year fixed rate products.