Zephyr joins Openwork's mortgage panel

Zephyr Homeloans has joined the mortgage panel at the financial advice and investment network Openwork.

There are more than 4,000 advisers and 1.2 million clients who will now have access to the BTL lender’s products.

Zephyr covers loans up to a value of £1m for standard properties with a maximum LTV of 75% and £750,000 for specialist properties with a maximum LTV of 70%.

It recently launched a new range with rates starting at 3.19% and 3.69% for a two- and five-year fixed-rate standard property BTL mortgages, respectively.

Paul Fryers, managing director at Zephyr Homeloans, said: “…We’re excited to bring our broad range of BTL products — available to both individuals and companies — to [Openwork’s] advisers. 

Since the market has opened up again, we have expanded our distribution footprint significantly and we’re looking forward to building a long-term relationship with the team at Openwork.”

Paul Shearman, mortgage, protection and GI proposition director at Openwork, added: “We're delighted to welcome [Zephyr] to our lender panel.

“Our advisers and their clients will welcome the support of a lender that brings a focus on meeting the needs of professional portfolio landlords and other specialist property investors.”

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