New Paragon limited edition deals for portfolio landlords

Published on

Paragon has unveiled a new range of Limited Edition buy-to-let mortgage products for portfolio landlords who have four or more mortgaged properties, including a free mortgage valuation and up to £500 cashback.

Among the Limited Edition products is a two year fixed rate at 3.40% for landlords borrowing up to 75% loan to value (LTV) on SSC units, and a two year fixed rate at 3.60% for those borrowing up to 75% LTV on HMO and MUB properties.

The Limited Edition range also includes a five year fixed rate at 3.74% for borrowing up to 75% LTV on SSC units, and a five year fixed rate at 3.84% up to 75% LTV for borrowing on HMO and MUB properties.

All products feature a free mortgage valuation. In addition, the products include £250 cashback upon release of funds for customers who select a two year fixed rate mortgage and £500 for those who elect for a five year fixed rate.

All of the Limited Edition products are available for purchase and remortgage.

John Heron, managing director of mortgages at Paragon, said: “Our new Limited Edition buy-to-let range brings added choice and flexibility for portfolio landlords looking to refinance or expand. The addition of cashback provides an extra boost, helping landlords fund the up-front costs associated with arranging finance and enhancing value for this important segment of the market.”

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

Latest articles

Halifax retains top spot in broker satisfaction survey

Halifax has once again been named the best overall lender for broker experience in...

Nationwide cuts switcher mortgage rates for existing borrowers

Nationwide is reducing rates across its switcher mortgage range for existing customers by up...

Hinckley & Rugby adds visa mortgage products to offering

Hinckley & Rugby for intermediaries has launched four two-year discount visa mortgage products across...

NatWest strengthens broker support with intermediary team expansion

NatWest has expanded its intermediary leadership team with the creation of two new corporate...

LMS chief executive Nick Chadbourne to step down

LMS has announced that Nick Chadbourne is to step down as chief executive after...

Latest publication

Other news

Halifax retains top spot in broker satisfaction survey

Halifax has once again been named the best overall lender for broker experience in...

We’re only scratching the surface with Near Prime

The growing importance of Near Prime to brokers and their clients was evident during...

Nationwide cuts switcher mortgage rates for existing borrowers

Nationwide is reducing rates across its switcher mortgage range for existing customers by up...