Zephyr Homeloans has launched a special edition five-year fixed rate buy-to-let range with no valuation fee and no application fee.

The products are available to individual landlords and limited company borrowers, with two product fee options across standard properties, houses in multiple occupation and multi-unit freehold blocks.

The range includes a 0% product fee option, with rates starting at 6.24% for standard properties and 6.39% for HMOs and MUFBs up to six bedrooms or units.

A 2% product fee option is also available, with rates starting at 5.84% for standard properties and 5.99% for HMOs and MUFBs up to six bedrooms or units.

Zephyr, which is now part of Pepper Advantage, said the launch reflected continuing demand from landlords for products combining competitive pricing with lower upfront costs and greater flexibility.

The lender has also widened its criteria to support loans to limited company subsidiaries within more complex structures, as well as corporate lets for tenant employees.

Zephyr said the criteria changes were designed to give brokers more options when dealing with complex buy-to-let cases.

The special edition range and updated criteria are available immediately.