Zephyr Homeloans, now part of specialist finance group Pepper Advantage, has launched a special edition five-year fixed rate range for buy-to-let borrowers, featuring no valuation fee and no application fee. The products are available to individual landlords and limited companies.
Brokers can choose between two product fee options. The fee-free option carries rates of 6.24% on standard properties and 6.39% on HMOs and multi-unit freehold blocks of up to six bedrooms or units.
Those opting for a 2% product fee can access lower rates of 5.84% on standard properties and 5.99% on HMOs and MUFBs.
Alongside the new range, Zephyr has updated its lending criteria to support loans to limited company subsidiaries within more complex structures, as well as corporate lets for tenant employees. The changes reflect the increasingly complex cases brokers are bringing to market, where standard criteria often fall short.
The launch responds to sustained demand from landlords for products that combine competitive pricing with lower upfront costs. Both the special edition range and the updated criteria are available immediately.
