Zephyr Homeloans reduces its tracker mortgage range rates by 40bps

Zephyr Homeloans has announced a rate reduction across its tracker mortgage range of 40bps.

Section: Opinion

Its lifetime tracker standard mortgage product is being offered at the Bank of England base rate (BBR) + 1.69% for properties with an A to C-rated EPC, and BBR + 1.79% for properties with a rating of D or E.

For multi-occupancy houses and multi-unit freeholds a BBR + 1.89% is available for properties with an EPC rating of A to C, and BBR + 1.99% for those with a rating of D or E. 
All products are set at a 65% LTV.

Paul Fryers, managing director at Zephyr (pictured above), said: “We are seeing a steadily increasing interest in tracker mortgage products from brokers — [they] want to help their landlord customers take advantage of the flexibility such products can offer.”

Keywords: BBR, BTL, Zephyr Homeloans, lender, LTV, mortgage, specialist finance, EPC, tracker mortgage

Source: BTL Insider — https://btlinsider.co.uk/zephyr-homeloans-reduces-its-tracker-mortgage-range-rates-by-40bps