Connect for Intermediaries starts packaging for Zephyr and Fleet Mortgages

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  • 03/01/2019
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Connect for Intermediaries has become a packager for newly launched buy-to-let lender Zephyr and Fleet Mortgages.

 

Connect’s whole of market placement desk will help brokers to place mortgages with these new lenders.

A spokesperson from Connect for Intermediaries told Specialist Lending Solutions that the company is open to adding further lenders across the new year.

Zephyr, launched just before Christmas by Computershare Loan Services, is accepting individual and limited company buy-to-let applications with rates starting from 2.69%.

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.

 

Buy-to-let buoyant

Liz Syms, CEO of Connect for Intermediaries (pictured), said the buy-to-let market was still buoyant for purchase and remortgaging.

She added: “These new rates and terms will be a welcome addition to landlords be they 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.”

Peter Charge, head of sales for Zephyr Homeloans, said the team is delighted to be working with Connect as one of its key intermediary partners.

He added: “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 we grow the Zephyr Homeloans brand.”

In December 2018, Fleet Mortgages introduced new products across its standard and limited company ranges, as well as criteria changes specifically for portfolio landlords.

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