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.”
SIGN UP TO OUR NEWSLETTER TO RECEIVE MORE NEWS LIKE THIS STORY
Close Brothers’ banking division reports 6.6% loan book growth
Close Brothers Group PLC has revealed that its banking division has seen a 6.6% growth in its loan book in the 11 months to 30th June 2018...
Leeds introduces two-year fixed rate BTL product
Leeds Building Society has launched a two-year fixed rate buy-to-let (BTL) mortgage product as part of a wider refresh of its 70% LTV BTL range...
Just 20% of Brits would opt for a challenger bank
Only 20% of UK residents would opt for a challenger bank if they were opening a new account today, according to research from Equifax...
Santander to form digital investment banking team
Banco Santander has announced that a new digital investment banking team will be formed within Santander Corporate & Investment Banking...
Metro Bank introduces developer portal
Metro Bank has launched a new developer portal for FCA-registered third parties wishing to build services on top of its APIs...
Wesleyan Bank appoints new head
Wesleyan Bank has appointed David Brownbill (pictured above) as its new head of indirect sales...
Arbuthnot announces profit surge
Arbuthnot Banking Group has reported a half-yearly profit before tax of £3.5m for the six months to 30th June 2018, up from the £2.5m recorded during the same period last year...
Temenos extends contract with Northern Trust
Temenos has signed a multi-year contract with global financial services company Northern Trust...
TSB adds new director to board
TSB Bank PLC has announced the appointment of Andy Simmonds (pictured above) as an independent non-executive director...
60% of Brits want ‘peace of mind’ when using cards online
Three-fifths of Brits (60%) want ‘peace of mind’ – regarding online security and fraud prevention – when using cards online, according to recent research...
Tandem reaches 250,000 customers
Tandem has announced it now has 250,000 customers across its cashback credit card, fixed term savers and account aggregating banking app...