Zephyr Homeloans has reduced rates for standard and specialist buy-to-let products.

The specialist buy-to-let lender’s new rates start at 3.14% for a two-year, fixed-rate, standard property buy-to-let mortgage and at 3.44% for a standard, five-year, fixed-rate loan.

Rates for new build and flats above commercial property now start at 3.54% for a two-year, fixed rate loan and 3.84% for a five-year, fixed rate loan.

Zephyr has also lowered rates on standard properties, houses in multiple occupancy and multi-unit blocks  properties, offering up to 75% loan-to-value (LTV), with a 70% LTV on a £1.5m maximum loan and 75% LTV with a £1m maximum loan.

Paul Fryers (pictured), managing director at Zephyr Homeloans, said: “We’ve had one of the busiest months in Zephyr’s history, and we are delighted to be able to reduce rates further and help the increasing number of landlords who are looking to expand their portfolios.

“As buoyancy in the buy-to-let market continues, these new rates provide potential borrowers with highly competitive products across a broad range of properties.”