It reduces rates by up to 65 basis points
Specialist buy-to-let lender Zephyr Homeloans has announced rate reductions of 65 basis points (bps) and 55bps across its five- and two-year fixes, respectively.
The lender said that for properties with an energy performance certificate (EPC) rating of ‘A’ to ‘C’, it is offering a 65% LTV two-year fixed rate standard BTL mortgage with a 5% product fee at 4.80%, and a five-year option at 5.30%.
For properties with an EPC rating of ‘D’ or ‘E’, the same products are also offered, with the two-year fix priced at 4.90% and the five-year deal at 5.40%.
All of our Fixed Rates have reduced today 📉 🥳. 5 Year Fixed Rates reduced by 0.65%, 2 Year Fixed Rates reduced by 0.55%. Take a look at our rates and criteria: https://t.co/pvVxzuhukc pic.twitter.com/0z2cCzzby7
— Zephyr Homeloans (@ZephyrHomeloans) January 10, 2024
Complete details of Zephyr’s mortgage offerings can be found on its updated product guide.
“With industry commentators signalling the potential end of the current cycle of base rate increases, we’re pleased to be able to reduce our product rates and provide more compelling and affordable deals for brokers to offer to their landlord customers,” Paul Fryers (pictured), managing director at Zephyr Homeloans, stated.
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