Following the changes, Zephyr Homeloans said that it is now offering 4.80% on a two-year fixed rate standard BTL mortgage (65% LTV) and 5.30% for five-year fixed rate standard BTL mortgages (65% LTV) for properties with an A to C-rated energy performance certificate. Both products carry a 5% product fee.
For properties with an EPC rating of D or E, the lender is offering 4.90% on its two-year, fixed-rate, standard BTL mortgage products (65% LTV), with a 5% product fee and 5.40% on its five-year, fixed-rate standard BTL mortgages (65% LTV), with a 5% product fee.
Paul Fryers, Managing Director at Zephyr Homeloans said: “With industry commentators signalling the potential end of the current cycle of base rate increases, we’re pleased to be able to reduce our product rates and provide more compelling and affordable deals for brokers to offer to their landlord customers.”
