Four new fixed rate mortgages have launched at 75% LTV.

The limited-edition standard range starts at 4.39% for a two-year fix and 4.54% for a five-year fix.

Two-year rates start from 5.39%.

The two products have lower initial rates and higher product fees to provide the option for borrowers to maximise loan size and affordability.

The digital lender has replaced its five-year fixes with new products featuring lower rates across individual and limited company buy-to-let products.

PRA regulations demand that lenders assess a portfolio landlord’s whole rental business when considering new mortgage proposals.

The largest reduction is to a corporate buy-to-let five-year fix.

Residential rates have reduced by up to 90bps.

Paragon has launched four new five-year fixed rate mortgages at 75% LTV and re-priced its SVR.

Some mortgage brokers predict an exodus, while others believe next year could be an opportunity for savvy and cash rich landlords.