Zephyr Homeloans is set to reduce rates on 2-year mortgage products by 0.20% and on 5-year mortgages by 0.29%.
For properties with an A to C-rated Energy Performance Certificate (EPC), the lender is offering 3.24% on a 2-year fixed rate standard mortgage up to 65% loan-to-value (LTV) with a 7% fee, and 4.30% on a 5-year fixed rate standard mortgage up to 65% LTV with a 7% fee.
For A to C-rated properties, Zephyr is also offering 3.44% on a 2-year fixed rate mortgage for houses of multiple occupancy (HMOs) and multi-unit freehold blocks (MUFBs) up to 65% LTV with a 7% fee, and 4.50% on a 5-year fixed rate mortgage for HMOs and MUFBs up to 65% LTV with a 7% fee.
For properties with an EPC rating of D or E, the lender will be offering: 3.34% on a 2-year fixed rate standard mortgage up to 65% LTV with a 7% fee; 4.35% on a 5-year fixed rate standard mortgage up to 65% LTV with a 7% fee; and 3.54% on a 2-year fixed rate mortgage for HMOs and MUFBs up to 65% LTV with a 7% fee.
There will also be a product at 4.55% on a 5-year fixed rate mortgage for HMOs and MUFBs up to 65% LTV with a 7% fee.
Fixed rate mortgage products are also available with a 0% or 3% fee option.
Paul Fryers, managing director at Zephyr Homeloans, said: “We’re very pleased to provide further reductions in the current dynamic market on deals that will enable brokers to source the best mortgage to suit their landlord clients’ needs.”
