Here is the latest update from Zephyr Home Loans. For full details see their latest product information here.
Announcement
Following the Budget and the increased pressure on landlords, we wanted to do something genuinely supportive for the market.
So we’re bringing Christmas early with two gifts — one for landlords and one for brokers.
An early Christmas gift for landlords
We’ve reduced all our 5-Year Fixed Rates by 10bps (Standard Range).
We’ve also launched new Limited Edition 2- and 5-Year Fixed Rates across all property types, with competitive rates from just 3.04% with a 5% product fee.
These are all designed to help landlord affordability.
A Christmas gift for brokers
We’ve increased our procuration fees to 0.70% gross (previously 0.50% gross), meaning stronger earnings for you on all new originations that are submitted via your club or network route from today (5th December).
Together, these form a Post-Budget Christmas Cracker — created to support your landlord clients and strengthen your income at the same time.