Here is the latest update from Zephyr Home Loans. For full details see their latest product information here.
Announcement
Zephyr Homeloans – Product Update – All rates reduced
We are delighted to confirm we have reduced rates on both our fixed and lifetime tracker products.
There are a few things to note:
- Rates from 5.59% on our 5 year fixed and from 5.90% on our lifetime tracker
- 10bps discount for properties with an A-C EPC rating
- Available on standard properties, HMOs, MUFBs, new builds and flats above commercial premises
- Maximum LTV is 75%
- To secure a rate, the case must proceed to offer within 60 calendar days of the application*
- Non-refundable application fee of £200.
Rent Index Q4 2022 – a summary for you and your brokers
The Q4 2022 Rent Index report is out from our friends at The DPS. As always, it provides useful information about what’s going on in the rental market which might be of interest to you and brokers, particularly those advising on BTL.
Key highlights:
- Average UK rents up 1.57% compared to Q3
- 8.27% average increase compared to Q4 2021
- London (11.59%) and Scotland (12.02%) annual increases are now above inflation
- Average annual UK rent is now £1,332 higher than the same time two years ago
Below is a news item which you can use to send onto brokers, if you provide that facility. If you would like more detail, including regional data, click here to see the news story on our website