Specialist buy-to-let (BTL) lender Zephyr Homeloans has cut mortgage rates on its fixed range, with lower pricing offered to landlords with energy-efficient properties.
In Zephyr Homeloans’ its two-year fixed rate range, BTL rates have been cut by 0.15 basis points (bps), while five-year fixes have been reduced by up to 0.1bps.
For properties with an Energy Performance Certificate (EPC) rating of A-C, landlords can access a 3.44% two-year fixed rate standard mortgage up to 65% LTV with a 7% product fee.
Landlords opting for a five-year fix can access a rate of 4.59% up to 65% LTV with a 7% fee.
For properties with an EPC rating of D-E, Zephyr is offering a 3.54% two-year fixed rate up to 65% loan to value (LTV) with a 7% fee, and a 4.64% five-year fixed rate also up to 65% LTV with a 7% fee.
The lender said that it was also introducing a 0% product fee option on its two-year mortgage products to provide a greater range of options for landlords.
Paul Fryers, managing director of Zephyr Homeloans, said: “We’re continuing to offer reduced rates to our brokers to enable them to provide a greater range of options for their landlord customers.”
Last month, the lender added 80% LTV mortgages.
Samantha Partington is a freelance trade and consumer journalist writing about property and personal finance. Previously she worked worked for the Daily Mail and Property Week. She is the former deputy editor of Mortgage Solutions and editor of Specialist Lending Solutions.
Before becoming a journalist, Samantha worked as a mortgage broker and latterly for a mortgage, bridging and secured loan lender. Samantha is CeMAP qualified. Follow her on Twitter @SamJPartington1.
