Zephyr cuts rates

Pricing for its five-year fixed-rate standard property BTL mortgages start from 3.04%, while its two-year fixed-rate products are available from 2.84%.

The lender has also trimmed rates for specialist new builds, flats above commercial property, HMOs and MUFBs, which are now offered at 3.45% for a five-year fixed-rate loan.

Zephyr will continue to offer its 80% LTV mortgages, which are exclusively available through its packager channel. 

Paul Fryers, managing director at Zephyr Homeloans, said: “Our broad range of products offer several, flexible options to fit the individual needs of landlords and property investors.

“Reducing the rates across a majority of Zephyr’s mortgage products reinforces our position as one of the more competitive lenders in the UK BTL market.”