Zephyr Homeloans has announced a two-year, fixed, 80% mortgage product across its standard, HMO (houses of multiple occupancy) and MUFB (multi-unit freehold blocks) ranges.
The lender is offering the following for properties with an A to C-rated energy performance certificate (EPC):
- 5.89% on a two-year, fixed-rate, standard mortgage up to 80% LTV, with a 3% fee
- 6.09% on a two-year, fixed-rate mortgage for HMOs and MUFBs up to 80% LTV, with a 3% fee
Zephyr also said it is offering the following rates for properties with an EPC rating of D or E:
- 5.99% on a two-year, fixed-rate, standard mortgage up to 80% LTV, with a 3% fee
- 6.19% on a two-year, fixed-rate mortgage for HMOs and MUFBs up to 80% LTV, with a 3% fee
Landlords can also add mortgage arrangement fees to the loan balance up to a maximum LTV of 83%.
Paul Fryers, managing director at Zephyr Homeloans, said: “We’re seeing increasing interest from brokers in the HMO and MUFB sector.
“In launching these products we’re able to help brokers support their landlord clients to develop their business in this specialist market segment.”
