We’re pleased to announce that Zephyr Homeloans has joined the lending panel of MCI Mortgage Club.
From 06 July 2020, all brokers who are members of MCI Club can now register with us to consider our range of BTL mortgage products for their landlord clients.
You can read more about this announcement in the full press release below and see coverage in leading trade media titles such as Mortgage Introducer.
MCI Mortgage Club Grows BTL Panel by adding Zephyr Homeloans to its panel
The MCI mortgage club has appointed Zephyr Homeloans to its growing panel of specialist lenders for Buy-to-Let products. Zephyr supports a product range tailored for Individuals and Limited Companies including HMO’s, multi-unit freehold blocks, flats above commercial premises and ex-local authority properties.
MCI members will benefit from Zephyrs’ Application Fee free approach. LTV’s are available to a maximum of 75% with a maximum loan value of £750,000, and 70% LTV up to £1 million. In addition, members will have access to specialist products, including new builds within the M25 with a maximum LTV of 70% and loan value maximum of £750,000, and with £500,000 applying outside the M25.
Zephyr joins an expanding lender panel with the mortgage club providing specialist coverage across multiple sectors along with a unique technology offering, including a free CRM with AML and Credit Report functionality.
Melanie Spencer, Head of the MCI Club, said “The rental market continues to be an attractive market for property investors, especially post-lockdown where a surge in demand has already been observed. By adding Zephyr to our panel, our members have a wider set of product options to service their investment clients whether they are looking to expand or restructure their portfolio.”
Paul Fryers, Managing Director at Zephyr, said “We’re really pleased to be able to join the MCI Panel and bring our range of Buy-to-Let products to MCI members.
“In light of the unprecedented events of this year, it is more important than ever that distributors and lenders work closely together to provide access to the broadest range of mortgage products and insight to brokers.”
“We look forward to working with the MCI team and adding value to the relationship.”