"Our new branding presents a unified picture of our buy-to-let expertise for portfolio and non-portfolio landlords and backs up the new PRA standards being applied across the market."
Paragon Mortgages products have been migrated to a Paragon ‘portfolio’ range of products tailored to landlords with large and more complex property portfolios. This includes landlords with four or more mortgaged properties and those operating as limited companies and limited liability partnerships. More complex propositions are also included, from HMOs to multi-unit blocks.
Mortgage Trust products are now presented in a Paragon ‘non-portfolio’ range tailored to meet the needs of landlords with three or fewer self-contained units, supported by a fast and efficient streamlined process.
Paragon’s residential mortgage products will also adopt the new Paragon brand.
John Heron, Managing Director – Mortgages at Paragon, said: “Our new branding presents a unified picture of our buy-to-let expertise for portfolio and non-portfolio landlords and backs up the new PRA standards being applied across the market.
“The wider brand alignment across buy-to-let and residential mortgages as well as the broader Paragon product range combines all our specialist finance expertise under one banner, giving all our customers and intermediary partners a clearer picture of who we are and all that we offer.”