Paragon has launched a new limited edition buy-to-let mortgage range for portfolio landlords who have four or more mortgaged properties.
The range includes a two-year fixed rate at 3.40% for landlords borrowing up to 75% LTV on single self-contained (SSC) units, and a two-year fixed rate at 3.60% for landlords borrowing up to 75% LTV on HMO and MUB properties.
The limited edition range also has products available for landlords looking for longer-term cost certainty and includes a five-year fixed rate at 3.74% for up to 75% LTV on SSC units, and a five-year fixed rate at 3.84% for up to 75% LTV for borrowing on HMO and MUB properties.
All products include a free mortgage valuation, with the two-year fixed rates including £250 cashback upon release of funds, and the five-year fixed rates customers receiving £500.
“Our new limited edition buy-to-let range brings added choice and flexibility for portfolio landlords looking to refinance or expand,” said John Heron, managing director of mortgages at Paragon (pictured above).
“The addition of cashback provides an extra boost, helping landlords fund the upfront costs associated with arranging finance and enhancing value for this important segment of the market.”
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