Rates vary depending on the property's EPC rating
Specialist buy-to-let mortgage provider Zephyr Homeloans has launched a new two-year fixed rate mortgage, alongside a 100 basis point reduction across its fixed rate product range.
The lender is now offering a 65% loan-to-value (LTV) two-year fixed rate buy-to-let at 5.35% for standard properties with an energy performance certificate (EPC) rating of ‘A’ to ‘C’ and at 5.45% for properties with ‘D’ or ‘E’ EPC ratings.
Also available is a 65% LTV two-year fixed rate mortgage for houses in multiple occupation and multi-unit freehold blocks at 5.55% for properties with an EPC rating of ‘A’ to ‘C’ and at 5.65% for properties with an EPC rating of ‘D’ and ‘E’.
“Despite the latest pause in interest rate rises, landlords are still experiencing general inflationary costs in the current economic climate,” said Paul Fryers (pictured), managing director at Zephyr Homeloans. “By lowering our lending rates across the board, we’re continuing to enable brokers to support their landlord BTL customers’ needs.”
The lender also offers a 65% LTV five-year fixed rate buy-to-let mortgage at 5.95% for standard properties with an EPC rating of ‘A’ to ‘C’ and at 6.05% on properties with an EPC rating of ‘D’ or ‘E’.
There is also a 65% LTV lifetime tracker mortgage at 6.94% for standard properties with an ‘A’ to ‘C’-rated EPC and at 7.04% on properties with an EPC rating of ‘D’ or ‘E’.
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