Paragon simplifies its BTL mortgage range

Paragon Bank has made it easier for brokers to find buy to let mortgage products for their landlord clients.

Previously, the bank offered separate options for portfolio and non-portfolio landlords.

Now, it has consolidated these offerings, streamlining the application process.

‘Simplification of our buy to let product range’

Paragon’s commercial director, Louisa Sedgwick, said: “The simplification of our buy to let product range was driven by conversations with brokers, as well as our culture of challenging how and why we do things, streamlining processes and making it easier to do business with us.

“Much of what we’ve done has taken place in the background, but brokers landing on our intermediary web page will notice it is cleaner and all the important information is easy to find.”

She added: “This latest improvement is one of many small steps we’re taking towards that and we’re getting closer to launching the first phase of our digital transformation programme.”

Guided to the most suitable mortgage option

Brokers will be guided to the most suitable mortgage option for their clients at the beginning of the process.

Paragon also says it has reduced its product guides from nine to just three, with clear categories for buy to let, switching and further advance mortgages.

These changes are complemented by a refresh of the lender’s intermediary website.

Brokers can now find the information they need with just a few clicks, with easier navigation to product details, criteria and calculators.

There’s also easy-to-locate contact information and team profiles to ensure brokers can quickly reach the right person for any inquiries.

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