Paradigm partners with Paragon Bank

Earlier this week Paragon confirmed it had restarted physical valuations with it’s in-house surveyors.

Portfolio products are available for houses in multiple occupation (HMOs), multi-unit blocks, limited companies and liability partnerships for properties in England, Wales and Scotland.

Portfolio deals are available to landlords with four or more mortgaged properties and for expatriates.

Non-portfolio products, for landlords with up to three mortgaged properties and expats, are available for single self-contained units and consumer buy-to-let customers.

John Coffield (pictured), head of mortgages at Paradigm Mortgage Services, said: “Ensuring our member firms have access to as broad a range of mortgage products as possible is absolutely vital and we are therefore very pleased to be bringing Paragon Bank on board.

“We’re looking forward to working with the team at Paragon and to ensuring our firms have access to its proposition.”

Paragon launched the second phase of its intermediary portal earlier this year which includes the introduction of an alerts service to keep brokers informed as their application moves through the process.