Mortgage News
Paragon offers limited edition buy-to-let range for portfolio landlords
Paragon has launched a buy-to-let mortgage range for portfolio landlords, available for a limited time only.
For a select period of time, the lender is offering a two-year fixed rate at 3.40% and a five-year fix at 3.74% for landlords borrowing up to 75% loan-to-value (LTV) on SSC units.
There is also a two-year fixed rate at 3.60% at 75% LTV on houses in multiple occupation (HMO) and multi-unit blocks (MUBs).
The new deals come with up to £500 cashback and free valuation.
All of the limited edition products are available for purchase and remortgage.
What mortgage and protection advisers should take from the FCA’s AI stance
Sponsored by Sesame Bankhall Group
John Heron, managing director of mortgages at Paragon (pictured), 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.”