Zephyr Homeloans has announced that it has reduced rates across its two and five-year fixed buy-to-let mortgage products.
The changes include a 15 basis point (bps) cut on two-year fixed mortgages and a 10 bps cut on five-year fixed products, all available up to 65% loan-to-value (LTV) with a 7% fee.
For two-year fixed mortgage deals, the revised rates now include:
2.54% on standard properties up to 65% LTV
2.54% on mortgages for new builds and flats above commercial premises up to 65% LTV
2.69% on houses in multiple occupation (HMOs) and multi-unit freehold blocks (MUFBs) up to 65% LTV
The new five-year fixed rates include:
4.39% on standard BTL properties up to 65% LTV
4.39% on mortgages for new builds and flats above commercial properties up to 65% LTV
4.49% on HMOs and MUFBs up to 65% LTV
“Following our recent repricing, we’re pleased to be able to reduce rates again to help our brokers to better support their landlord customers,” said Andy Rowe, head of sales at Zephyr Homeloans.
In addition to the 7% fee options, Zephyr confirmed that its fixed-rate mortgage products are also available with 0% or 3% fee alternatives.
