Zephyr Homeloans cuts rates by up to 100bps

Specialist buy-to-let lender, Zephyr Homeloans, has launched a new two-year fixed rate mortgage as well reducing rates across its fixed rate product range by up to 100bps.

A two-year fixed rate at 65% LTV is available at 5.35% for standard properties with an A to C-rated energy performance certificate (EPC) and 5.45% for properties with an EPC rating of D or E.

A two-year fix is also priced at 5.55% for houses in multiple occupancy and multi-unit freehold blocks at 65% LTV for properties with an EPC rating of A to C and 5.65% for properties with an EPC rating of D and E.

As part of the changes, Zephyr's five-year fixed rates now start from 5.95% at 65% LTV for standard properties with an A to C-rated EPC and 6.05% on properties with an EPC rating of D or E.

In addition, a lifetime tracker mortgage at 65% LTV has lowered to 6.94% for standard properties with an A to C-rated EPC and 7.04% on properties with an EPC rating of D or E.

Paul Fryers, managing director at Zephyr Homeloans, said: “Despite the latest pause in interest rate rises, landlords are still experiencing general inflationary costs in the current economic climate.

“By lowering our lending rates across the board, we’re continuing to enable brokers to support their landlord buy-to-let customers’ needs.”