News in brief - 20 March 2024

Zephyr Homeloans has announced reductions of 15 basis points across its five-year fixed and lifetime tracker mortgages. For properties with an A-C EPC rating, rates start from 5.15% on a five-year fixed rate standard buy-to-let (BTL) mortgage at 65% LTV with a 5% product fee. For a lifetime BTL tracker, rates start from 6.79% for a lifetime BTL mortgage at 65% LTV with a 3% fee. For properties with an EPC rating of between D and E, rates on the five-year BTL fix start at 5.25% with a 5% product fee. For lifetime BTL mortgages, rates start at 6.89% at 65% LTV with a 3% fee.

Buy to Let by Foundation has introduced a new, limited edition two-year BTL product to further extend its core BTL proposition. Available for both purchase and remortgage purposes, the F1 limited edition two-year fixed rate BTL mortgage comes with a rate of 5.79% up to 75% LTV with a 1% fee. The product will be available to both limited companies and individuals, with a maximum loan of £1.5m. The introduction follows the recent launch of two HMO products specifically for first-time landlords.

360 Dotnet has appointed Yeliz Yusef as its new strategic relationships director. She brings almost two decades of experience in financial services to the role, having been instrumental in the growth and management of a London-based mortgage brokerage. Having previously worked as a chief operating officer, Yusef oversaw a range of areas including operations and HR, to marketing and compliance. In her new role, Yusef will forefront the relationship management of 360’s strategic accounts, ensuring the continued satisfaction and success of our valued clients.



Share Story:

Recent Stories


FREE E-NEWS SIGN UP

Subscribe to our newsletter to receive breaking news and other industry announcements by email.

  Please tick here to confirm you are happy to receive third party promotions from carefully selected partners.


NEW BUILD IN FOCUS - NEW EPISODE OF THE MORTGAGE INSIDER PODCAST, OUT NOW
Figures from the National House-Building Council saw Q1 2025 register a 36% increase in new homes built across the UK compared with the same period last year, representing a striking development for the first-time buyer market. But with the higher cost of building, ongoing planning challenges and new and changing regulations, how sustainable is this growth? And what does it mean for brokers?

The role of the bridging market and technology usage in the industry
Content editor, Dan McGrath, sat down with chief operating officer at Black & White Bridging, Damien Druce, and head of development finance at Empire Global Finance, Pete Williams, to explore the role of the bridging sector, the role of AI across the industry and how the property market has fared in the Labour Government’s first year in office.

Does the North-South divide still exist in the UK housing market?
What do the most expensive parts of the country reveal about shifting demand? And why is the Manchester housing market now outperforming many southern counterparts?



In this episode of the Barclays Mortgage Insider Podcast, host Phil Spencer is joined by Lucian Cook, Head of Research at Savills, and Ross Jones, founder of Home Financial and Evolve Commercial Finance, to explore how regional trends are redefining the UK housing, mortgage and buy-to-let markets.

The new episode of The Mortgage Insider podcast, out now
Regional housing markets now matter more than ever. While London and the Southeast still tend to dominate the headlines from a house price and affordability perspective, much of the growth in rental yields and buyer demand is coming from other parts of the UK.

In this episode of the Barclays Mortgage Insider Podcast, host Phil Spencer is joined by Lucian Cook, Head of Research at Savills, and Ross Jones, founder of Home Financial and Evolve Commercial Finance.