Paradigm Mortgage Services has added buy-to-let (BTL) mortgage lender, Zephyr Homeloans, to its lender panel.

The mortgage services proposition revealed that its member firms will be able to access Zephyr’s range of both standard and specialist BTL products, focusing on meeting the mortgage needs of professional property investors.
 
The products are available to both individuals and limited companies, and on Zephyr’s latest range of standard products, it has maximum loan limits of £1m to 70% LTV and £750,000 to 75% LTV. Zephyr’s specialist products are also available to 70% LTV with a maximum loan size of £750,000.
 
Zephyr lends on HMOs up to six bedrooms as well as multi-unit freehold blocks of up to six units and the minimum property value for both is £100,000.
 
Paradig added that member firms who are not already registered with Zephyr can now do so, or if they are registered, can now change their payment route to Paradigm.

Paradigm head of mortgages, John Coffield, commented: “At a time when it’s so vitally important that we support as broad a range of lenders as possible within the market, we are very pleased to be bringing Zephyr on to our panel.

“There has been plenty to suggest that landlords are seeking to make the most of any post-lockdown private rental sector opportunities to both add to portfolios or refinance, and Zephyr’s product offering will provide further choice for advisers and their clients.”
 
Zephyr managing director, Paul Fryers, added: “We’re delighted to join Paradigm’s lender panel and look forward to working with its members to help customers achieve their BTL ambitions.

“Many landlords are currently seeking to expand their BTL portfolio or restructure their existing holdings, and Zephyr is well placed to assist through offering flexible choices with an expanded range of fixed rate BTL mortgages with two-year, five-year and seven-year options.”

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