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.”
