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Buy to Let

New buy-to-let deals from Paragon

Christina Hoghton
Written By:
Christina Hoghton
Posted:
Updated:
14/12/2015

The specialist lender is targeting professional landlords with its latest product range

Paragon Mortgages has relaunched its range of fixed rate and tracker products, with a particular focus on buy-to-let deals for professional landlords.

The lender’s new suite of 22 products are designed for professional buy-to-let investors, including those who hold their properties in vehicle companies.

What’s on offer?

The new range features two-, three- and five-year fixes, available up to 75% of the property’s value, as well as a selection of tracker products.

The products include two-year fixed rates priced at 3.70% and 4.10%, both with a 1.50% product fee.

Five-year fixed rates are also available at 4.30% and 4.75%, also with a 1.50% product fee.

John Heron, director of mortgages at Paragon, said: “The market is being given some very clear signals by Government that policy going forward will favour professional landlords with larger portfolios that hold their properties within a corporate structure.

“Our winter range is building on Paragon’s strong proposition in this sector and offers an attractive range of fixed and tracker rates which will provide intermediaries with some strong options for professional landlord clients.”