Zephyr launches 80% LTV buy-to-let range

Specialist buy-to-let lender, Zephyr Homeloans, has introduced a two-year fixed rate mortgage product at 80% LTV across its standard, HMO (houses of multiple occupancy) and MUFB (multi-unit freehold blocks) ranges.

For properties with an A to C-rated energy performance certificate (EPC), rates start at 5.89% for standard mortgages and 6.09% for HMOs and MUFBs, both with a 3% fee.

For properties with an EPC rating of D or E, standard rates start at 5.99% and HMO and MUFB rates at 6.19%.

Landlords can also add mortgage arrangement fees to the loan balance up to a maximum LTV of 83%.

The new range follows Zephyr reducing rates across the majority of its buy-to-let products last week.

Paul Fryers, managing director at Zephyr Homeloans, said: “We’re seeing increasing interest from brokers in the HMO and MUFB sector.

“In launching these products we’re able to help brokers support their landlord clients to develop their business in this specialist market segment.”