Buy to Let
Paragon launches new buy-to-let range
Specialist mortgage lender Paragon has launched a number of new buy-to-let products in a move looking to target smaller portfolio landlords.
Under its Paragon brand, the lender has launched 18 products targeting professional landlords, re-pricing six of its fixed rate deals and launching 12 variable mortgages.
Its sister Mortgage Trust brand will also offer two new trackers and four fixed rate deals aimed at smaller-scale landlords.
Your Mortgage Awards 2024/25: winners revealed
Sponsored by Your Mortgage Awards
Paragon said the new products would helpmeet increasing consumer demand.
John Heron, managing director of Paragon Mortgages, said:
“The new products offer a much wider range of product options to landlords.
“The new Mortgage Trust products complement the existing range and are augmented by a state-of-the-art online service.
“The new Paragon Mortgages products are more suited to professional landlords who tend to need a more tailored approach for more complex rental properties.”