Zephyr confirms rate cuts across several products

Zephyr Homeloans has announced several new rate reductions across the majority of its products.

The specialist buy-to-let (BTL) lender, owned by Computershare, confirmed that new rates for its five-year fixed rate standard property BTL mortgage products have been reduced by up to 0.25%, and will now start at 3.04%. The lender’s two-year fixed rate standard BTL mortgage products will now start at 2.84%.

Zephyr also announced that its rates for specialist new builds, flats above commercial property, houses in multiple occupation (HMO) and multi-unit freehold blocks (MUFBs) will start at 3.43% for a five-year fixed rate loan.

The lender confirmed that it will continue to offer its 80% LTV mortgages which are exclusively available through its packager channel.

Zephyr managing director, Paul Fryers, said: “Our broad range of products offer several, flexible options to fit the individual needs for landlords and property investors.

“Reducing the rates across a majority of Zephyr’s mortgage products reinforces our position as one of the more competitive lenders in the UK BTL market.”

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