Paragon announced last month that the Paragon Group of Companies had undergone a strategic reorganisation, which incorporated the lending actives of Paragon Mortgages and Mortgage Trust into Paragon Bank.
Paragon Mortgages products have been migrated to a Paragon ‘portfolio’ range of landlord products.
These products are aimed at complex property portfolios, such as those with four or more mortgaged properties and those operating as limited companies and limited liability partnerships.
This includes other complex propositions such as HMOs and multi-unit blocks.
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Mortgage Trust products are now offered in a ‘non-portfolio’ range aimed at landlords with three or fewer self-contained units.
John Heron, managing director, mortgages at Paragon (pictured above), said: “Our new branding presents a unified picture of our buy-to-let expertise for portfolio and non-portfolio landlords and backs up the new PRA standards being applied across the market.
“The wider brand alignment across buy-to-let and residential mortgages as well as the broader Paragon product range combines all our specialist finance expertise under one banner, giving all our customers and intermediary partners a clearer picture of who we are and all that we offer.”
The new website also includes the full range of Paragon’s savings and lending products.
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