Zephyr Homeloans scraps upfront application fees

The lender will remove the £199 charge with immediate effect until further notice.

The change will apply regardless of whether a broker deals directly with Zephyr or goes through one of the 15 packagers that it distributes mortgages through.

Paul Fryers (pictured), managing director at Zephyr Homeloans, said: “After 10 months of Zephyr trading, we’re now moving into the next phase of our growth plan and want to give something extra to brokers, packagers and their clients.

“We understand the pressures on landlords at the moment, so we want to make it easier for more people to benefit from Zephyr’s highly competitive range of buy-to-let mortgages by making access to our products even cheaper.”