The new range — with different options for mortgages up to 75% and 80% LTV — includes a choice of two- and five-year fixed rate mortgages for portfolio landlords as well as a selection of five-year products for smaller-scale landlords.
The updated product range is designed for landlords with four or more mortgaged properties and those operating in limited companies or limited liability partnerships.
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The products can be used to finance single self-contained units, multi-unit blocks or houses in multiple occupation.
John Heron, director of mortgages at Paragon (pictured above), said: “The refreshed range gives landlords a wide choice of options to suit their needs depending on the size and complexity of their property portfolio, as well as an opportunity to reduce their upfront costs with a range of cashback and limited upfront fees.”
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