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TODAY'S OTHER NEWS

Connect for Intermediaries starts packaging for Zephyr and Fleet Mortgages

Connect for Intermediaries has become one of the first distributors to package for Zephyr, the buy-to-let lender recently launched by Computershare Loan Services, and Fleet Mortgages, which has just opened its buy-to-let proposition to the wider market.

Connect aims to help brokers to place mortgages with these new lenders, ensuring that they can always provide their clients with the best rates and the best terms available for each client’s circumstances.

Zephyr is accepting both individual and limited company applications with rates starting from 2.69%, while Fleet Mortgages is offering free valuations and has changed its standard product rental calculation to 125% of the rental income at 3.89% to enable borrowers to borrow more.

Liz Syms, chief executive officer of Connect for Intermediaries, commented: “It is a great start to the new year to be able to provide brokers with access to both a brand-new buy-to-let lender in Zephyr and to Fleet Mortgages.”

She said as the buy-to-let market is still buoyant both for purchase and remortgage, these new rates and terms will be a welcome addition to landlords whether they’re individual landlords, landlords with a portfolio of properties or those who hold properties in a limited company.

“Both lenders will be a welcome addition to every broker with buy-to-let clients and our specialist market placement desk is available to help them take advantage of this,” she continued.

Peter Charge, head of sales for Zephyr Homeloans, added: “We are delighted to be working with Connect as one of our Key Intermediary Partners.”

“They have extensive knowledge of the specialist buy-to-let market and we look forward to developing a strong relationship with them going forward as grow the Zephyr Homeloans brand.”

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