Zephyr Homeloans has lowered the rates for its standard and specialist buy-to-let (BTL) products.

Zephyr’s new rates start at 3.14% for a 2-year fixed-rate standard property BTL mortgage and at 3.44% for a standard 5-year fixed-rate loan.

The lender’s rates for new-builds and flats above commercial properties now start at 3.54% for a 2-year fixed-rate loan and 3.84% for a 5-year, fixed-rate loan.

Paul Fryers Zephyr Homeloans

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Zephyr has also lowered rates on standard properties, houses in multiple occupancy (HMOs) and multi-unit blocks, offering up to 75% loan-to-value (LTV), with a 70% LTV on a £1.5m maximum loan and 75% LTV with a £1m maximum loan.

Paul Fryers (pictured), managing director at Zephyr Homeloans, said: “We’ve had one of the busiest months in Zephyr’s history, and we are delighted to be able to reduce rates further and help the increasing number of landlords who are looking to expand their portfolios.

“As buoyancy in the buy-to-let market continues, these new rates provide potential borrowers with highly competitive products across a broad range of properties.”

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