Paragon returns to buy-to-let lending

Published on

Paragon Group has launched a range of buy-to-let mortgage products targeted at professional landlord investors via its Paragon Mortgages brand. It is the first time it has offered new buy-to-let mortgages since February 2008 when it withdrew from the market.

The range includes fixed rates starting from 5.30% and tracker rates starting from 4.30%. Paragon can offer professional landlords facilities such as limited companies, multi-unit blocks and Houses in Multiple Occupation.

Two-year fixed rates are available at 5.3% up to 65% LTV and 5.5% up to 75% LTV. Both come with a 2% fee.

Trackers are available up to 75% LTV.

The range will be available immediately through a select panel of buy-to-let brokers and will widen distribution over the coming weeks. It says it is “fully committed”” to mortgage intermediary distribution

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

Pepper Money urges reform of shared ownership scheme

Specialist lender Pepper Money has presented a white paper to Downing Street calling for...

Landlords sceptical as planning reforms fail to shift sentiment

Government efforts to overhaul the planning system have been met with scepticism by landlords...

Lifetime ISA under fire as HMRC research reveals flaws for first-time buyers

Fresh research by HM Revenue & Customs has cast renewed doubt on the effectiveness...

The Darlington to host webinar on supporting vulnerable customers

Darlington Building Society is to host a free CPD-accredited webinar for brokers on how...

Keystone expands holiday let offering

Keystone Property Finance has expanded its holiday let range with the launch of new...

Latest publication

Other news

Pepper Money urges reform of shared ownership scheme

Specialist lender Pepper Money has presented a white paper to Downing Street calling for...

Landlords sceptical as planning reforms fail to shift sentiment

Government efforts to overhaul the planning system have been met with scepticism by landlords...

Lifetime ISA under fire as HMRC research reveals flaws for first-time buyers

Fresh research by HM Revenue & Customs has cast renewed doubt on the effectiveness...