Paragon revamps ‘professional’ offering

Published on

paragon

Paragon Mortgages has refreshed its product range catering for large-scale and professional landlords.

The specialist buy-to-let lender has updated its range of fixed rate products to include a new two year fix at 4.45% with a 2% product fee and is available for single, self-contained properties and HMOs and multi-unit blocks.

There are also a variety of tracker rates available including a lifetime tracker, with a 1.50% product fee up to 75% LTV. The range of tracker rate products also includes three new two year options with initial rates starting at 4.75%.

John Heron, managing director of Paragon Mortgages, said: “We have refreshed and expanded our product range to ensure that we remain competitive in the professional and large-scale landlord market.

“The range includes not just a variety of rates but terms too, there is more choice. So if landlords do want the benefit of fixing for a longer-term we have a five year fix, and also a lifetime tracker available.

“Two and three year terms have their place in the product mix, but there is certainly demand from landlords to fix for longer periods.”

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

SortRefer marks 17 years with record month for instructions and completions

SortRefer has marked its 17th anniversary after reporting its strongest monthly performance to date...

The Mortgage Works cuts buy-to-let rates on selected new business deals

The Mortgage Works is cutting selected buy-to-let and let-to-buy rates by up to 0.20...

Primis promotes three in push to expand recruitment and regional broker support

Primis has promoted three senior executives as it seeks to recruit more adviser firms...

Santander cuts higher LTV rates for first-time buyers and home movers

Santander is cutting selected fixed mortgage rates across its first-time buyer, home mover and...

Virgin Money cuts fixed rates and raises selected tracker pricing

Virgin Money is reducing fixed mortgage rates across purchase, remortgage and selected buy-to-let product...

Latest publication

Other news

SortRefer marks 17 years with record month for instructions and completions

SortRefer has marked its 17th anniversary after reporting its strongest monthly performance to date...

The Mortgage Works cuts buy-to-let rates on selected new business deals

The Mortgage Works is cutting selected buy-to-let and let-to-buy rates by up to 0.20...

Primis promotes three in push to expand recruitment and regional broker support

Primis has promoted three senior executives as it seeks to recruit more adviser firms...