Zephyr Homeloans has extended its mortgage product range to include 12-bedroom houses of multiple occupation (HMO) or multi unit freehold blocks (MUFBs).

Previously, the lender would allow HMOs and MUFBs up to six rooms or units.

There is a two-year fixed rate mortgage products for HMOs and MUFBs with seven to 12 bedrooms or units up to 75% LTV with a fee of 7% has a rate of 3.14%.

It has also added a five-year fixed term mortgage product for HMOs and MUFBs with seven to 12 bedrooms or units up to 75% LTV with a fee of 7% and a rate of 5.04%.

Finally it has introduced a lifetime tracker for HMOs and MUFBs up to 75% LTV with a fee of 3% and a rate of 6.29%.

Zephyr Homeloans managing director Paul Fryers says: “We’re pleased to expand our HMO and MUFB mortgage product range. Our latest products enable brokers to offer their landlord customers greater choice to suit their businesses.”