Paragon releases new buy to let terms for professional landlordsMake Text Bigger
NEWS from Paragon Mortgages for Professional Landlords
Paragon Mortgages has updated its product range for professional landlords. The range includes six two year fixed rate products fixed until May 2015 with rates starting from 4.99%. There are also 12 two year trackers, with maximum LTVs between 65% and 75%, and one five year tracker. Intermediaries can submit applications using the new Paragon Mortgages online application service, which allows for multiple applications and instant lending decisions.
Paragon Mortgages caters for professional landlords who have a wealth of experience in running a successful buy-to-let business and who are more likely to have a large portfolio of properties including complex property such as HMOs. Research recently completed by the lender showed that 15% of landlords are looking to increase their portfolio in 2013.
Thought you might find this of interest for your professional landlord / HMO forum members.
Howard Reuben Cert PFS Cert CII (MP)
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