Connect for Intermediaries packages for market entrant

Connect for Intermediaries packages for market entrant

Connect for Intermediaries has partnered with a newly launched buy-to-let lender, as the network and packager predicts a "buoyant" market for purchase and remortgage.

The packager has become one of the first distributors for Zephyr, the buy-to-let lender launched before Christmas by Computershare Loan Services.

Zephyr accepts both individual and limited company applications with rates starting from 2.69 per cent.

Connect for Intermediaries has also begun packaging for Fleet Mortgages, with the lender having recently changed its standard product rental calculation to 125 per cent of the rental income at 3.89 per cent to enable borrowers to borrow more.

Liz Syms, chief executive at Connect for Intermediaries, said: "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.

"The buy-to-let market is still buoyant both for purchase and remortgage and 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."

Peter Charge, head of sales at Zephyr Homeloans, said: "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 we grow the Zephyr Homeloans brand."