Zephyr Homeloans has reduced rates across its two and five-year mortgage products. The lender has cut rates on its products for properties with an A-C EPC rating. Its two-year fixed rate standard mortgage rate to 3.14% at up to 65% LTV, while its five-year fixed rate starts from 4.69% at up to 65% LTV. For properties with EPC ratings of D or E, rates on two and five-year standard mortgages at 65% LTV start from 3.24% and 4.74% LTV. All products come with a 7% fee.

Paragon Bank has reduced rates on its switch and further advance products. The bank’s two-year fixed rate switch products start at 4.59% with a 3% fee, rising to 6.09% with no fee. Paragon’s five-year fixed rate switch products are also available from 5.39% with a 3% fee, increasing to 5.99% with no fee.

Hinckley & Rugby Building Society has launched a new visa buy-to-let (BTL) mortgage range, which offers rates from 5.79%, along with an expansion of its visa lending criteria for both residential and BTL propositions. The new range is designed to help skilled professionals, entrepreneurs and investors on visas to purchase or refinance property in the UK. The two-year discount and fixed BTL products start from 5.79% and 6.10% respectively at 75% LTV, while the five-year BTL six start from 5.99% at 75% LTV. The products come with ICR calculations of 125% for basic rate tax payers and 145% for higher and additional rate tax payers.

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