Each of the three products are fixed for two years and are priced at 5.15%, 5.25% and 5.35% against maximum loan-to-values of 65%, 70% and 75% respectively.
Paragon’s lending criteria means it can offer professional landlords services and facilities bespoke to their specific needs and requirements.
John Heron, Paragon Mortgages Managing Director, said:
“With landlord confidence rising and increasing tenant demand in the PRS, these reduced rate products are available to those professional landlords who are looking to take advantage of market conditions and expand their existing portfolios.
“Due to our specialist lending criteria we are able to offer facilities to suit landlords who are looking to invest in multi-unit blocks, Houses of Multiple Occupancy and limited company lending.”
