Zephyr Homeloans has made rate reductions across its five-year fixed-rate mortgage products of up to 30 basis points (bps).

The new rates for properties with an A to C-rated energy performance certificate (EPC) include five-year fixed standard buy-to-let (BTL) mortgage products at 65% loan-to-value (LTV) with a rate of 5.29%.

The BTL mortgage product for new builds and flats above commercial properties (65% LTV) has also been cut to 5.29% while the five-year fixed rate BTL mortgage product for houses in multiple occupancies (HMOs) and multi-unit freehold blocks (MUFBs) (65% LTV) now has a rate of 5.59%.

Zephyr says it is also lowering rates for properties with an EPC rating of D or E.

The five-year fixed-rate standard BTL mortgage products (65% LTV) now have a rate of 5.39% and the BTL mortgage product for new builds and flats above commercial properties (65% LTV) has the same rate.

Meanwhile, the five-year fixed-rate BTL mortgage product for HMOs and MUFBs (65% LTV) is 5.69%.

Zephyr Homeloans managing director Paul Fryers says: “Landlords are currently experiencing the effects of higher interest rates and are also having to provide higher deposits.”