Zephyr Home Loans is cutting interest rates on its two-year mortgage product by an additional 0.20 percentage point and slashing rates on its five-year mortgage by 0.29 percentage point.
For properties with an Energy Performance Certificate (EPC) rated A to C, specialist lenders are offering two year fixed rate standard mortgages up to 65% LTV at 3.24% with a 7% charge, five year fixed rate standard mortgages up to 65% LTV at 4.30% with a 7% charge and two year fixed rate mortgages up to 65% LTV for HMOs (multi-family homes) and MUFBs (multi-unit freehold blocks) at 3.44% with a 7% charge. 
The lender is offering five-year fixed rate mortgages for HMOs and MUFBs up to 65% LTV at an interest rate of 4.50% with a 7% fee.
For properties with an EPC rating of D or E, Zephyr has announced it is offering two year fixed rate standard mortgages (up to 65% LTV) at 3.34% plus 7% fee, five year fixed rate standard mortgages (up to 65% LTV) at 4.35% plus 7% fee, two year fixed rate mortgages for HMOs and MUFBs (up to 65% LTV) at 3.54% plus 7% fee and five year fixed rate mortgages for HMOs and MUFBs (up to 65% LTV) at 4.55% plus 7% fee.
Zephyr said its fixed-rate mortgage products also offer 0% or 3% fee options.
Commenting on the product changes, Zephyr managing director Paul Fryers said: “In today's dynamic market, we're excited to be able to offer further discounts on transactions to help brokers source the best mortgage for their landlord clients' needs.”
