Zephyr Homeloans has just announced some good news – they’ve slashed rates across most of their buy-to-let mortgage products. This means you could be saving money on your monthly repayments.

Lower Rates, More Options

Zephyr has reduced rates by 5-10bps (basis points) across the board, making it even easier for you to find a great deal. Here’s a quick rundown of the new rates:

Energy Efficient Homes

• For properties with an A to C Energy Performance Certificate (EPC):
  • Two-year fixed rate: Starting from 3.59% at 65% LTV (Loan-to-Value) with a 7% fee.
  • Five-year fixed rate: Starting from 4.69% at 65% LTV with a 7% fee.

HMOs and MUFBs

• For HMOs (Houses of Multiple Occupancy) and MUFBs (Multi-Unit Freehold Blocks):
  • Two-year fixed rate remortgage: Starting from 3.79% at 65% LTV with a 7% fee.
  • Five-year fixed rate remortgage: Starting from 4.89% at 65% LTV with a 7% fee.

Lower EPC Rating Properties

• For properties with an EPC rating of D or E:
  • Two-year fixed rate standard mortgage: Starting from 3.69% at 65% LTV with a 7% fee.
  • Five-year fixed rate standard mortgage: Starting from 4.74% at 65% LTV with a 7% fee.
  • HMOs and MUFBs Remortgages: Starting from 3.89% and 4.94% respectively at 65% LTV with a 7% fee.

What Does This Mean For You?

These new rates mean you could be paying less each month on your mortgage, giving you more cash flow to invest or put towards other landlord expenses. It’s also a great time to consider remortgaging if you’re currently on a higher rate.

Get in Touch

Paul Fryers, Managing Director at Zephyr Homeloans, says the rate reduction gives brokers “a wider range of tools to help find the best deal for their landlord customers.” So, if you’re looking for a competitive buy-to-let mortgage, get in touch with a broker today and see what fantastic deals are available!