The lender’s large HMO and MUFB Lifetime Tracker products, which are available on properties up to 12 bedrooms/units, will start from 5.74% and offer no early repayment charges (ERCs).
Zephyr Homeloans has refreshed its buy-to-let (BTL) product range, reducing rates on its large house in multiple occupation (HMO) and multi-unit freehold block (MUFB) Lifetime Tracker products by 0.25%.
The lender’s large HMO and MUFB Lifetime Tracker products, which are available on properties up to 12 bedrooms/units, will start from 5.74% and offer no early repayment charges (ERCs).
Alongside the tracker rate reductions, fixed rates across the range will increase by 0.20% following recent increases in swap rates.
To support brokers and their landlord clients, Zephyr Homeloans is providing advance notice of the changes, giving brokers the opportunity to secure current fixed rates before the new pricing takes effect.
Brokers wishing to access the current fixed rates should submit their applications before 5pm today, Thursday 23rd July.
The new fixed and tracker rates will then be available on the lender’s website and sourcing systems from tomorrow, Friday 24th July.