Zephyr Homeloans reduces 5-year rates for limited time
Specialist buy-to-let (BTL) lender Zephyr Homeloans has reduced rates on its 5-year fixed-rate standard BTL loans for a limited time.
Zephyr’s new rates start at 3.19% for up to £1.5m for 5-year fixed-rate standard BTL mortgages for individuals and limited companies.
As with all of Zephyr’s products, there is no upfront application fee. The products carry a 2% arrangement fee.
Paul Fryers, managing director at Zephyr Homeloans, said: “We are delighted to offer a reduced and highly competitive ‘Spring Special’ on our five-year, fixed rate product, which coincides with the peak property buying season.
“The new rates are one of the lowest in the specialist buy-to-let market today, offering landlords and property investors further product options when considering either plans to purchase a new property or re-finance existing mortgages.”
Zephyr will lend up to £1.5m on its standard range at 70% loan-to-value (LTV) and up to £1m with a 75% LTV.