Category: Buy-to-let
Paul Fryers, managing director at Zephyr Homeloans, said: “Our 80% LTV mortgages are competitively priced and available to both individuals and limited companies – and will further enable intermediaries to serve the needs of buy-to let borrowers.”
The products are designed to appeal to homeowners and landlords looking to improve the EPC rating of their properties.
Coventry for Intermediaries has reduced the rates on selected buy-to-let mortgages by up to 16 basis points, with the changes applying to 75% LTV products.
Juno specialises in property conveyancing, and provides access to an online dashboard, where clients are able to receive regular updates on the process of their case.
Research found that over half of mortgage lenders saw an increase in their overall rating.
The product has a limited tranche and all cases are expected to complete by 31 August 2021.
Its pipeline now comprises of 97% specialist business, compared to 92.9% during the same period in 2020.
The lender has also introduced a new 65% loan-to-value (LTV) Green Reward Remortgage.
Vida is also launching two products on its Vida 1 residential range up to 70% LTV.
Every region bar London saw a rise in rent prices year-on-year, and when excluding the capital the average rent in the UK is now £854, up by 6.4% on last year.