Offered rates vary depending on the property's EPC rating
Specialist buy-to-let lender Zephyr Homeloans has launched a new range of five-year fixed rate mortgage products, with rates depending on the property’s energy performance certificate (EPC) rating.
The mortgage provider said it is offering 6.14% on a five-year fixed rate standard buy-to-let mortgage product at 70% loan-to-value (LTV) for properties with an EPC rating of ‘A’ to ‘C’. The rate is 6.24% for properties with an EPC rating of ‘D’ or ‘E’. Both offers include standard flats above commercial properties.
Also available are 6.44% five-year fixed rate products at 70% LTV for houses of multiple occupancy and multi-unit freehold properties with an ‘A’ to ‘C’ EPC rating, and 6.54% fixes on properties with an EPC rating of ‘D’ or ‘E’.
The lender also said there are different product fees that apply depending on the fixed rate selected.
“We’re excited to provide more ways for brokers to offer further options for their BTL landlord customers looking for funding solutions in the present market,” Paul Fryers (pictured), managing director at Zephyr Homeloans, commented.
The complete list of products, rates, and criteria is available on Zephyr’s website.
