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Paragon Bank joins TMA lender panel

Martin Greenland | 13:54 Tuesday 9th January 2018

Paragon Bank has been added to the TMA Club lender panel.

TMA Club members can now access a wide range of buy-to-let products available to both portfolio and non-portfolio landlords.

Paragon's 'portfolio' range of products is designed for landlords with large and more complex portfolios, where expert underwriting and support is required for mortgage applications.

This includes those operating as limited companies and limited liability partnerships.

The bank's 'non-portfolio' range – landlords with three or less self-contained units – is supported by a quick and efficient streamlined process.

John Heron, managing director of mortgages at Paragon (pictured above), said: “Following a range of tax and policy changes, landlords must navigate an increasingly complex mortgage landscape.

“As one of the UK's most experienced, independent buy-to-let lenders, Paragon caters for all types of landlords with portfolios both big and small.

“We look forward to working closely with TMA to further expand the choice, flexibility and support available for members and their customers.”

Rob McCoy, senior product and business manager at TMA, said: “TMA's lender panel shows no sign of slowing down in 2018, with yet another fantastic addition.

“Paragon is a well-respected brand within the buy-to-let market.

“We are delighted to be able to make them our latest addition to our panel.

“This re-affirms our commitment to continuously expanding the products available to our directly authorised advisers.

“We expect the addition to be very popular with our members and look forward to working with them.”

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