Openwork’s network of more than 4,000 advisers and 1.2 million clients will now have access to Zephyr’s range of buy-to-let products.
Specialist buy-to-let (BTL) lender Zephyr Homeloans has joined the mortgage panel at financial advice and investment network Openwork.
Openwork’s network of more than 4,000 advisers and 1.2 million clients will now have access to Zephyr’s range of buy-to-let products, which cover loans up to a value of £1m for standard properties with a maximum loan-to-value (LTV) of 75%, and £750,000 for specialist properties with a maximum LTV of 70%.
Zephyr recently launched a new range of specialist buy-to-let products with rates starting at just 3.19% for a 2-year fixed-rate standard property BTL mortgage and at 3.69% for a standard property, 5-year fixed-rate product.
Last month, Zephyr expanded its range of fixed-rate BTL mortgages for standard properties, houses in multiple occupancy (HMOs), multi-unit blocks (MUBs), new-build properties and flats above commercial properties.
Paul Fryers (pictured), managing director at Zephyr Homeloans, said: “Openwork is one of the most respected intermediary networks in the country, and we’re excited to bring our broad range of buy-to-let products - available to both individuals and companies - to its advisers.
“Since the market has opened up again, we have expanded our distribution footprint significantly and we’re looking forward to building a long-term relationship with the team at Openwork.”
Paul Shearman, mortgage, protection and general insurance proposition director at Openwork, said: “We're delighted to welcome Zephyr Homeloans, a part of Computershare Loan Services, to our lender panel.
“We’re looking forward to drawing on Zephyr’s wealth of industry experience as the buy-to-let market continues to evolve and becomes more complex.
“Our advisers and their clients will welcome the support of a lender that brings a focus on meeting the needs of professional portfolio landlords and other specialist property investors.”