Zephyr Homeloans has reduced pricing across its two and five-year fixed rate buy-to-let mortgage products, with cuts of at least 15 basis points on five-year deals and a minimum of 10 basis points on two-year products.
For two-year fixed rate products, the updated pricing includes:
2.69% for standard buy-to-let mortgages up to 65% loan-to-value (LTV), with a 7% fee
2.69% for mortgages on new build properties and flats above commercial premises, also up to 65% LTV, with a 7% fee
2.84% for houses in multiple occupancy (HMOs) and multi-unit freehold blocks (MUFBs), up to 65% LTV, with a 7% fee
On the five-year fixed side, the revised rates are:
4.49% for standard buy-to-let mortgages up to 65% LTV, with a 7% fee
4.49% for new build properties and flats above commercial premises up to 65% LTV, with a 7% fee
4.59% for HMOs and MUFBs up to 65% LTV, with a 7% fee
“We’re confident our latest changes will make it even easier for brokers to find deals that best suit their landlord customers,” said Andrew Rowe, head of sales at Zephyr Homeloans.
The lender added that the fixed rate products are also available with fee options of 0% or 3%, in addition to the standard 7% arrangement fee.
