Zephyr Homeloans is further reducing rates on its two-year mortgage products by 0.20% and on its five-year mortgages by 0.29%.

For properties with an A to C-rated energy performance certificate (EPC) the specialist lender is offering 3.24% on a two-year, fixed rate standard mortgage up to 65% LTV, with a 7% fee. Also 4.30% on a five-year, fixed rate standard mortgage up to 65% LTV, with a 7% fee  and 3.44% on a two-year, fixed rate mortgage for HMOs (houses of multiple occupancy) and MUFBs (multi-unit freehold blocks) up to 65% LTV, with a 7% fee.

The  lender is offering 4.50% on a five-year, fixed rate mortgage for HMOs and MUFBs up to 65% LTV, with a 7% fee.

For properties with an EPC rating of D or E, Zephyr also said it is offering the following rates 3.34% on a two-year, fixed rate standard mortgage up to 65% LTV, with a 7% fee; 4.35% on a five-year, fixed rate standard mortgage up to 65% LTV, with a 7% fee. 3.54% on a two-year, fixed rate mortgage for HMOs and MUFBs up to 65% LTV, with a 7% fee; and 4.55% on a five-year, fixed rate mortgage for HMOs and MUFBs up to 65% LTV, with a 7% fee.

Zephyr said that its fixed rate mortgage products are also available with a 0% or 3% fee option.

Commenting on the product changes, Zephyr managing director Paul Fryers said: “We’re very pleased to provide further reductions in the current dynamic market on deals that will enable brokers to source the best mortgage to suit their landlord clients’ needs.”