Computershare launches buy-to-let lender
Computershare Loan Services has launched Zephyr Homeloans: a dedicated buy-to-let lender that provides a range of mortgage products for professional portfolio landlords and other specialist property investors. The underlying funding is arranged separately.
Following a successful pilot, Zephyr is now accepting both individual and limited company applications through a number of key intermediary partners for individual buy-to-let properties as well as for houses in multiple occupation, multi-unit freehold blocks, new builds and flats above commercial premises.
Computershare says that Zephyr aims to support intermediaries by offering proactive guidance and providing mortgage solutions that will help them meet the needs of their clients, with rates starting from 2.69%.
Peter Charge, Head of Sales at Zephyr, said:
“Zephyr is offering two and five-year fixed-rate products with a range of fee and rate options.
We’re arranging loans of up to £2million on behalf of institutional investors for our standard range and up to £1.5 million for specialist properties and are assisting them with accessing funding from third parties.”
Zephyr is the first brand that Computershare has launched as part of a service to funders that covers every stage of the mortgage lifecycle. The company will be responsible for creating partnerships with approved intermediary brokers, underwriting, fulfilment, and day-to-day administration. Funding will be provided by institutional lenders.