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Paragon extends its buy-to-let ranges

Paragon has bolstered its portfolio and non-portfolio buy-to-let (BTL) product ranges.

The extended range includes four 2-year fixed portfolio products, starting at 2.99% at 75% LTV. Two limited edition remortgage products were also added, starting at 1.99% at 75% LTV.

The range accommodates limited liability partnerships, limited companies and self-contained (SSC) units, along with houses in multiple occupation (HMO) and multi-unit blocks (MUB). All new portfolio products are available with no application or valuation fee.

Paragon has also launched two limited-edition two-year fixed BTL mortgage products at 75% LTV for portfolio and non-portfolio customers. These products are remortgage only applications aimed at SSC units mortgaged in the individual’s name.

“We regularly review our buy-to-let mortgage product range to ensure we are offering the best choice and value to our landlord customers and intermediary partners,” said John Heron, managing director of mortgages at Paragon.

The limited-edition portfolio product is also available with free legals and is fixed at 2.85%, while the non-portfolio product is fixed at 1.99% and includes free legals, with a £150 application fee charged.

Limited-edition applications must have an offer issued by December 11 2017 and completed by the end of 2017.

Heron added: “These new additions to Paragon’s portfolio and non-portfolio product ranges reflect that, and we’re proud to support landlords by offering products with no application or valuation fee.”

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