Related topic: Mortgage rates

The lender's lowest three-year fixed rate is now 3.70%.

The cuts follow a fall in swap rates over the last month.

Zephyr has also launched a range of limited edition mortgage products with a 5% fee.

Elsewhere, the lender has increased selected two, three and five-year rates.

The specialist lender has aligned pricing across its two and five-year fixed rates.

The lender has also added a 5% overpayment function across its entire buy-to-let mortgage range.holi

The lender has reduced rates by up to 0.20% across its two-year proposition.

The lender has withdrawn its Retrofit Boost and Own New ranges as part of the latest update.

There has been a notable drive by lenders to expand choice on low deposit deals during 2025.

Rates have reduced by up to 0.11%.