Zephyr cuts rates on two and five-year mortgages

Specialist buy-to-let mortgage provider, Zephyr Homeloans, has announced it is reducing rates on its two and five-year mortgage products for the second time this year.   

Two-year products

For properties with an A to C-rated energy performance certificate, Zephyr is offering 2.94% on a two-year, fixed-rate, standard mortgage up to 65% LTV, with a 7% fee, 2.94% on a two-year, fixed rate, mortgage for new builds and flats above commercial properties up to 65% LTV, with a 7% fee, and 3.09% on a two-year, fixed rate, mortgage for HMOs and MUFBs up to 65% LTV, with a 7% fee

Five-year products

For properties with an A to C-rated energy performance certificate, Zephyr is offering 4.64% on a five-year, fixed rate, standard mortgage up to 65% LTV, with a 7% fee, 4.64% on a five-year, fixed rate, mortgage for new builds and flats above commercial properties up to 65% LTV, with a 7% fee, and 4.74 on a five-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, Zephyr is also offering 3.04% on a two-year, fixed rate, standard mortgage up to 65% LTV, with a 7% fee, 3.04% on a two-year, fixed rate, mortgage for new builds and flats above commercial properties up to 65% LTV, with a 7% fee, and 3.19% on a two-year, fixed rate, mortgage for HMOs and MUFBs up to 65% LTV, with a 7% fee.

Additionally, for longer-term products, there is also the option of 4.69% on a five-year, fixed rate, standard mortgage up to 65% LTV, with a 7% fee, 4.69% on a five-year, fixed rate, mortgage for new builds and flats above commercial properties up to 65% LTV, with a 7% fee, and 4.79% on a five-year, fixed rate, mortgage for HMOs and MUFBs up to 65% LTV, with a 7% fee.

Zephyr said that its fixed-rate mortgage products are also available with a 0% or 3% fee option.
 
Andrew Rowe, Head of Sales at Zephyr Homeloans, said: “We’re pleased again to be able to provide reductions for brokers to offer to their landlord customers.”