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Paragon scraps fees on BTL portfolio products

Tom Belger | 15:32 Tuesday 28th November 2017

Paragon has removed valuation and application fees on all its buy-to-let portfolio products for a limited period.

The specialist bank’s promotion follows the release of four new two-year fixed portfolio products in October.

The normal application fee of £150 and the valuation fee are being waived for a limited time only.

“It’s important to us that our buy-to-let products represent the very best value and choice to our landlord customers and intermediary partners,” said John Heron, managing director of mortgages at Paragon (pictured above).

“This offer – while only available for a limited time – does just that and we hope it will be a welcome piece of good news for landlords in an otherwise challenging market of late.”

Paragon’s new two-year fixed portfolio products start at 2.99% at 75% LTV for single, self-contained units and 3.2% for HMO/MUB.

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