Here is the latest update from Zephyr Home Loans. For full details see their latest product information here.
Announcement
News roundup
All fixed rates reduced
We reduced all our fixed rates last week – our rates now start from just 2.99%, with product fee options from 0-7% and no application fee.
A quick reminder too – our procuration fee is 0.70% gross via a network or club.
You can find details of our products and criteria on our website.
Value added. Valuation fee removed
We launched new Special Edition 5-Year Fixed Rates with no valuation fee and no application fee – available on standard properties, flats above commercial, new builds and small HMOs/MUFBs up to 6 bedrooms/units.
Choose the right approach for your client:
No product fee
6.29% on standard properties and 6.44% on small HMOs/MUFBs.
2% product fee with reduced rate
5.89% on standard properties and 6.04% on small HMOs/MUFBs.
The same rates apply to individual landlords and limited companies.
More ways to say yes
We enhanced our criteria so that we can say yes to more BTL cases:
✅ Lending to limited company subsidiaries
✅ Corporate lets for tenant employees
✅ Enhanced CCJ criteria
These changes build on our wider approach to underwriting – listening to broker feedback and supporting a broad range of landlord scenarios.