"The popularity of fixed term mortgage products is higher than it has ever been. These new additions to Paragon’s portfolio and non-portfolio product ranges reflect that"
New portfolio rates start from 2.99% with 75% LTV and have no application or valuation fee. The range caters for limited companies, limited liability partnerships and single self-contained units, as well as specialist property types of HMOs and multi-unit blocks.
The new limited edition two-year fixed rate remortgage products are available at 1.99% for non-portfolio customers and 2.85% for portfolio customers at 75% LTV.
The portfolio product has no application or valuation fee, and free legals, while the non-portfolio product includes free legals and comes with a £150 application fee.
Applications for the limited edition products must have an offer issued by 11 December 2017 and complete by the end of the calendar year 2017.
John Heron, Managing Director – Mortgages at Paragon, said: “We regularly review our buy-to-let mortgage product range to ensure we are offering the best choice and value to our landlord customers and intermediary partners.
“The popularity of fixed term mortgage products is higher than it has ever been. These new additions to Paragon’s portfolio and non-portfolio product ranges reflect that – and we’re proud to support landlords by offering products with no application or valuation fee.”
