Here is the latest update from Zephyr Home Loans. For full details see their latest product information here.
Announcement
Tomorrow, we are making the following enhancements to our products and criteria:
✅ New Special Edition 2 and 5 year fixed rates with a 2% product fee (5% product fee Special Edition fixed rates remain)
✅ HMO & MUFB first-time landlords now considered (subject to criteria)
✅ Home ownership minimum now just 3 months on Standard Properties and Small HMOs/MUFBs
✅ Maximum loan size increased to £2.5m (dependent on LTV and property type)
✅ New build HMOs and MUFBs now accepted
✅ ICR rates reduced for all HMOs, MUFBs and flats above commercial.
✅ On Leaseholds, minimum lease at end of mortgage lowered to 60 years
✅ New builds and flats above commercial now within our Standard Property range
We are also making improvements to our website, making it quicker and easier for brokers to view our products and criteria.