Paul Fryers

Zephyr Homeloans lowers BTL product rates

Zephyr Homeloans has reduced the rates for its standard and specialist BTL products.

The new rates start at 3.14% for a two-year, fixed rate, standard property BTL mortgage, and at 3.44% for a standard five-year, fixed rate loan.

For new build and flats above commercial property, fixed rates start at 3.54% for a two-year loan, and 3.84% for five years.

Zephyr has also lowered rates on HMOs, multi-unit blocks, and standard properties.

The lender offers 70% and 75% LTV on loans up to £1.5m and £1m respectively.

Paul Fryers, managing director at Zephyr Homeloans (pictured above), 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 BTL market continues, these new rates provide potential borrowers with highly competitive products across a broad range of properties."

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