Zephyr Homeloans, the specialist buy-to-let mortgage provider, has announced the launch of new 80% loan-to-value (LTV) mortgage products on 5-year fixed rates for houses in multiple occupancy (HMOs) and multi-unit freehold blocks (MUFBs).
For properties with an A to C-rated energy performance certificate (EPC), Zephyr is offering a 5.99% rate on a 5-year fixed rate for HMOs and MUFBs with up to 80% LTV, with a 3% fee, and a 6.59% rate on a 5-year fixed rate for HMOs and MUFBs with up to 80% LTV, with a 0% fee.
For properties with a D or E-rated EPC, the lender is offering a 6.09% rate on a 5-year fixed rate for HMOs and MUFBs with up to 80% LTV, with a 3% fee, and a 6.69% rate on a 5-year fixed rate for HMOs and MUFBs with up to 80% LTV, with a 0% fee.
Paul Fryers, managing director at Zephyr Homeloans, said, “We’re pleased to be able to offer a wider range of products and fees to help brokers find the best deal for their landlord clients.”
Landlords can also add the mortgage arrangement fees to the loan balance up to a maximum LTV of 83%.
The company will continue to offer 80% LTVs on its standard range of mortgage products.
