Paragon Bank has expanded its buy-to-let (BTL) product range with two and five-year fixed-rate mortgages.
The products are available for portfolio landlords purchasing or remortgaging houses in multiple occupation (HMO), multi-unit blocks (MUB) and single self-contained (SSC) properties.
The products include two five-year options at 70% loan-to-value (LTV) and a two-year deal at 75% LTV, all available for remortgage or purchase.
Rates start at 5.89% and all products are offered with free mortgage valuations.
In addition, Paragon has also removed the early redemption fee on its two-year discounted variable product, currently priced at 4.09%, or 3.99% for properties with an energy performance certificate (EPC) rating of between A and C.
Paragon director of mortgage sales Moray Hulme says: “We are pleased to introduce these fixed-rate products to our range, which complements the discounted variable products we launched last week.”
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