Zephyr Homeloans announces reductions across tracker mortgage product range
Zephyr Homeloans, the specialist buy-to-let (BTL) mortgage provider, has announced reductions of 40 basis points (bps) across its tracker mortgage product range.
The lender said that it is offering: 5.94% (BBR + 1.69%) on a lifetime tracker standard buy-to-let mortgage product at 65% loan to value (LTV) for properties with an A to C-rated energy performance certificate (EPC) and 6.04% (BBR + 1.79%) on properties with an EPC rating of D or E.
Zephyr is also offering 6.14% (BBR + 1.89%) on a lifetime tracker mortgage product at 65% LTV for houses of multiple occupancy and multi-unit freehold properties with an A to C EPC rating and 6.24% (BBR + 1.99 %) on properties with an EPC rating of D or E.
Paul Fryers, managing director at Zephyr Homeloans said: “We are seeing a steadily increasing interest in tracker mortgage products from brokers who want to help their landlord customers to take advantage of the flexibility such products can offer.”
Zephyr added that it provided multiple product fee options on its fixed rate products to provide landlords with increased flexibility.