Paragon

Paragon cuts rates across 14 BTL products




Paragon has started the new year with an updated range of mortgage products for portfolio and non-portfolio landlords.

This includes lower rates on 14 different products across the specialist bank and buy-to-let lender’s range of mortgages up to 80% LTV.  

The choice for portfolio landlords includes fixed rates starting at 2.75% for single, self-contained units (SSCs) and 2.85% for HMOs and multi-unit blocks (MUBs).

The five- and two-year fixed rates for portfolio landlords are 3.19% and 2.75% respectively.


Both rates come with free valuation and £350 cashback.  

Fixed and discount variable rates for non-portfolio landlords start at 3.45% and 2.65% on SSCs.  

Moray Hulme, director of mortgage sales at Paragon, said: “We’re excited to build on the momentum of a strong 2019, where we introduced a new intermediary portal and increased our proportion of lending to the professional landlord community, with this new range including lower rates on 14 products.”

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