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Paragon scraps fees on buy-to-let portfolio mortgages

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  • 27/11/2017
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Paragon scraps fees on buy-to-let portfolio mortgages
Paragon has suspended valuation and application fees on all its buy-to-let portfolio mortgages for a limited time.

The lender normally takes a £150 application fee and valuation fee – but will waive the charge for a short time.

It comes after Paragon launched four new two-year fixed portfolio products in October.

The deals start at 2.99% at 75% loan to value (LTV) for single self-contained units and 3.20% for Houses in Multiple Occupation (HMO) and multi-unit blocks.

John Heron, managing director of mortgages at Paragon said: “It’s important to us that our buy-to-let products represent the very best value and choice to our landlord customers and intermediary partners.

“This offer, while only available for a limited time, does just that and we hope it will be a welcome piece of good news for landlords in an otherwise challenging market of late.”

 

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