Zephyr cuts tracker mortgage rates by 0.40%

Zephyr Homeloans has reduced rates across its buy-to-let tracker mortgage range by 40 basis points.

The lender is now offering a rate of 5.94% on a lifetime tracker standard buy-to-let mortgage product at 65% LTV for properties with an A to C-rated energy performance certificate (EPC) and 6.04% on properties with an EPC rating of D or E.

For HMOs and multi-unit freehold properties with an A to C EPC rating, tracker lifetime mortgage rates now start at 6.14%, rising to 6.24% on properties with an EPC rating of D or E.

Zephyr also offers multiple product fee options on its fixed rate products to provide landlords with increased flexibility.

Paul Fryers, managing director at Zephyr Homeloans, said: “We are seeing a steadily increasing interest in tracker mortgage products from brokers who want to help their landlord customers to take advantage of the flexibility such products can offer.”