Related topic: Zephyr

Zephyr has also enhanced its lending criteria and now supports loans to limited company subsidiaries within more complex structures.

The lender will now consider first-time landlords for HMOs and MUFBs and has increased its maximum loan size.

The acquisition comes as the credit management and tech firm targets UK growth.

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

Two-year rates are available at 3.14% for HMOs and MUFBs with seven to 12 bedrooms or units.

The lender has reduced rates across its range by up to 0.15%.

Standard five-year BTL rates start at 4.49%, with a 7% fee.

The lender is reducing all two-year fixed mortgage products by 15 basis points.

The lender is reducing all 2-year fixed rates by 20bps and 5-year rates by 5bps

Two-year fixed rates have reduced by 20bps and five-year fixes by between 20 and 36bps.