Zephyr joins Openwork’s mortgage panel

Zephyr Homeloans has joined the mortgage panel of financial advice and investment network, Openwork.

Openwork’s community of more than 4,000 advisers and 1.2 million clients will now have access to Zephyr’s range of buy-to-let (BTL) products.

The lender’s range covers loans up to a value of £1m for standard properties with a maximum loan-to-value (LTV) of 75%, and £750,000 for specialist properties with a maximum LTV of 70%.

Last month, Zephyr also expanded its range of fixed-rate BTL mortgages for standard properties, houses in multiple occupancy (HMOs), multi-unit blocks (MUBs), new-build properties and flats above commercial properties.

Zephyr managing director, Paul Fryers, commented: “Openwork is one of the most respected intermediary networks in the country, and we’re excited to bring our broad range of BTL products – available to both individuals and companies – to its advisers.

“Since the market has opened up again, we have expanded our distribution footprint significantly and we’re looking forward to building a long-term relationship with the team at Openwork.”

Openwork mortgage, protection and GI proposition director, Paul Shearman, added: “We're delighted to welcome Zephyr, a part of Computershare Loan Services, to our lender panel. We’re looking forward to drawing on Zephyr’s wealth of industry experience as the buy-to-let market continues to evolve and becomes more complex.

“Our advisers and their clients will welcome the support of a lender that brings a focus on meeting the needs of professional portfolio landlords and other specialist property investors.”

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