Zephyr Homeloans has announced a two-year, fixed, 80% mortgage product across its standard, HMO (houses of multiple occupancy) and MUFB (multi-unit freehold blocks) ranges.
For properties with an A to C-rated energy performance certificate (EPC) the specialist buy-to-let (BTL) mortgage provider is offering 5.89% on a two-year, fixed-rate, standard mortgage up to 80% LTV, with a 3% fee; and 6.09% on a two-year, fixed-rate mortgage for HMOs and MUFBs up to 80% LTV, with a 3% fee
For properties with an EPC rating of D or E, Zephyr is offering 5.99% on a two-year, fixed-rate, standard mortgage up to 80% LTV, with a 3% fee; and 6.19% on a two-year, fixed-rate mortgage for HMOs and MUFBs up to 80% LTV, with a 3% fee.
Landlords can also add mortgage arrangement fees to the loan balance up to a maximum LTV of 83%, said the lender.
Commenting on the launch, Zephyr Homeloans managing director Paul Fryers said: “We’re seeing increasing interest from brokers in the HMO and MUFB sector. In launching these products we’re able to help brokers support their landlord clients to develop their business in this specialist market segment.”
