It aims to support brokers and their landlord customers who want flexible options
Specialist buy-to-let lender Zephyr Homeloans has announced a range of tracker mortgage products, designed to support brokers with landlord customers who want flexible options.
The lender said that it is offering 6.20% (bank base rate plus 2.70%) on a lifetime tracker standard buy-to-let mortgage product at 65% loan-to-value (LTV) for properties with an ‘A’ to ‘C’ energy performance certificate (EPC) rating. Also available is a 6.30% (bank base rate plus 2.80%) deal on properties with an EPC rating of ‘D’ or ‘E’. Both offers include new builds and standard flats above commercial properties.
Zephyr is also offering 6.40% (bank base rate plus 2.90%) 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 6.50% (bank base rate plus 3%) on properties with an EPC rating of ‘D’ or ‘E’.
Our NEW Lifetime Tracker, with no ERC is available now. Designed for landlords looking for flexibility, your client can have peace of mind knowing they can re-mortgage at a later date, without having to pay large get out fees. See more: https://t.co/Gct2IYsg9F INTERMEDIARIES ONLY pic.twitter.com/7OG4sWzDRk
— Zephyr Homeloans (@ZephyrHomeloans) January 19, 2023
The lifetime tracker does not include early redemption penalties.
“By introducing tracker functionality into our mortgage product range, we are providing brokers with additional tools to support their BTL landlord customers who want flexible options,” Paul Fryers (pictured), managing director at Zephyr Homeloans, said.
The lender said the complete details of its products and lending criteria are available on its website.
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