New limited edition BTL range launched by Paragon

Paragon has launched a new range of buy-to-let mortgage products for portfolio landlords, for a limited time only.

The mortgage deals, which includes a free mortgage valuation and up to £500 cashback, are available for purchase and remortgage.

Among the new products is a two year fixed rate at 3.40% for landlords borrowing up to 75% loan-to-value (LTV) on SSC units, and a two year fixed rate at 3.60% for those borrowing up to 75% LTV on HMO and MUB properties.

The Limited Edition range also caters for landlords looking for longer term cost certainty and includes a five year fixed rate at 3.74% for borrowing up to 75% LTV on SSC units, and a five year fixed rate at 3.84% up to 75% LTV for borrowing on HMO and MUB properties.

John Heron, managing director of mortgages at Paragon, 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.”

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