Paragon has refreshed its buy-to-let mortgage range, offering lower interest rates, no up-front fees and £350 cashback on selected products.
The new range includes two- and five-year fixed rate mortgages for portfolio landlords and five-year fixed rate mortgages for non-portfolio landlords, with products available at up to 80% Loan to Value (LTV).
Portfolio deals include a five-year fixed rate mortgage at 3.7% for landlords with single self-contained units (SSCs) and one at 3.75%, for landlords with houses in multiple occupation (HMOs) or multi-unit blocks (MUBs).
In both instances, landlords benefit from no product fee, no application fee, a free mortgage valuation and £350 cashback, previously £250 cashback.
John Heron, director of mortgages at Paragon, commented: “Interest rates on new mortgage products have rarely been as competitive across the market as they are today.
“By cutting up-front costs and giving landlords flexibility to manage other expenses using cashback, we’re demonstrating our commitment to enabling the widest possible access for customers.”
Want to comment on this story? If so...if any post is considered to victimise, harass, degrade or intimidate an individual or group of individuals on any basis, then the post may be deleted and the individual immediately banned from posting in future.