Specialist buy-to-let mortgage provider Zephyr Homeloans has unveiled fresh rate reductions across its standard product range for professional landlord clients.

The changes see the lender’s two-year and five-year fixed mortgages priced more competitively for properties up to 75% loan-to-value.

Under the new structure the two-year, fixed rate for standard properties (up to 75% LTV) is now 2.39 % with a 7% product fee. The five-year, fixed rate for the same category and LTV has been reduced to 4.34%, again with a 7% fee.

These adjustments build on a series of prior rate cuts and product enhancements. In July the lender announced further reductions of up to 15 basis points on its two-year fixed range and 10 basis points on its five-year fixed range, with starting rates of 2.54 % and 4.39 % respectively for up to 65% LTV.

These products are available for individual and limited company structures for properties in England and Wales only.