Zephyr Homeloans has lowered rates across the majority of its products.

The lender’s new rates for its five-year, fixed-rate, standard property buy-to-let mortgage products start at 3.04%, with rates reduced by up to 0.25 percentage points.

Its two-year, fixed-rate, standard buy-to-let mortgage products start at 2.84%.

The lender’s rates for specialist new builds, flats above commercial property, houses in multiple occupation (HMO) and multi-unit freehold blocks (MUFBs) now start at 3.43% for a five-year, fixed-rate loan.

Paul Fryers (pictured), managing director at Zephyr Homeloans, said: “Our broad range of products offer several, flexible options to fit the individual needs for landlords and property investors.

“Reducing the rates across a majority of Zephyr’s mortgage products reinforces our position as one of the more competitive lenders in the UK buy-to-let market.”

Zephyr will continue to offer its 80% LTV mortgages, which are exclusively available through its packager channel.