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TODAY'S OTHER NEWS

New portfolio and non-portfolio products launched by Paragon

A number of new buy-to-let deals for both portfolio and smaller scale landlords have been launched by Paragon. 

The new products are all available at up to 75% loan-to-value (LTV). 

In its portfolio range Paragon has launched a two-year fixed​​​​​​​​​​​​​​ rate deal at 2.95%, subject to a  1% product fee, £299 application fee and free mortgage valuation, available on standard self-contained properties.

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For houses in multiple occupation (HMO) or multi-unit blocks (MUB) the rate increases to 3.05% with the same fee structure.

Paragon has also launched a five-year fixed​​​​​​​​​​​​​​ rate deal at 3.34% in the portfolio range, with a 2% product fee, £299 application fee, free mortgage valuation and £350 cashback, available on standard self-contained properties.

For HMOs and MUBs it is offering a rate of 3.44% with the same fees and cashback.

 

Paragon’s non-portfolio range includes a five-year fixed rate deal at 3.6% with a 0.5% product fee, £299 application fee, free mortgage valuation and £350 cashback available on standard self-contained properties.

Borrowers will find that they can also opt for a five-year fixed at 3.7% without the product fee, but with a £299 application fee, free valuation, £350 cashback, also available on standard self-contained properties only.

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